Vascon Engineers Limited announced it has received a Letter of Intent worth Rs 126.39 Crore (excluding GST) from the Public Works Department, Arvi Division, Wardha Nagpur, for the development of a 300-bed general hospital in Wardha Nagpur, Maharashtra. The project, awarded on an ‘Item Rate Basis,’ is slated for completion within 24 months from the order receipt date, and involves no related party transactions, according to a regulatory filing.