Friday, March 28, 2008

Vedanta inks deal with Apollo for healthcare

The Pioneer, 28th March, 2008


Pursuing its mission of enhancing the quality of life of the people in Orissa in general and those of its areas of operation in particular, Vedanta Aluminium Limited signed an MoU with the Apollo Health & Life Style Limited on Tuesday to open two units of The Apollo Clinics at Lanjigarh and Jharsuguda.
The MoU was signed at the Vedanta office in Bhubaneswar by M Siddiqi, Director and CEO, Aluminium Sector, Vedanta Group, and Ratan Jalan, CEO, Apollo Health & Life Style Ltd, in the presence of Vedanta Aluminium CFO Virendra Agrawal, GM and Head, PR & CSR, Prashanta Hota and other officials form both sides.
The MoU deals with the establishment and management of the two well-equipped Apollo Clinics, which would be fully supported by Vedanta Aluminium. Funded fully by Vedanta, the two units have accepted the responsibility of recruiting doctors, providing all kinds of diagnostic facilities, specialist treatment, extending other modern healthcare facilities and running the clinics at both locations.
Involving a total investment of about Rs 5 crore, the day-to-day operations would also be fully funded by Vedanta.
Besides rendering quality healthcare services to the project-impacted people and employees of Vedanta Aluminium and their dependents, the clinics would be running a Sick Bay Unit in the plant premises and regularly conduct Outreach Programmes in the periphery villages.
As part of its committed CSR policies and programmes, Vedanta has been working relentlessly for the development of communities in all its areas of operation, especially, in healthcare, education, livelihood and peripheral development sectors. The partnership with Apollo in the healthcare sector is yet another step in that direction.

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