After Wockhardt, it is the turn of Netvista. Mumbai-based Netvista Information Technology Ltd has submitted an Expression of Interest (EoI) in developing Mumbai-based state government owned GT Hospital on a joint venture basis with the government. "We are waiting seriously for the group to come up with detailed proposal (following EoI) for the project," said a senior official in Mantralaya. When contacted, Netvista managing director Rajiv Samani, said, "We are examining the project" and declined to comment anything further.

After exiting from the joint venture with Hospital major Wockhardt, the state government started inviting other interested private parties in developing the GT Hospital complex.

"So far only Netvista has shown an interest in the project," said the official.

According to Netvista's Samani, the company already runs a JV with state government called Maharashtra Infrastructure, an infrastructure development firm.

In the meanwhile, Maharashtra government has still not communicated to Wockhardt regarding its plans to withdraw from the 49:51 joint venture with Wockhardt Hospitals in the GT Hospital project. Although the decision to pull out of the joint venture project was made four months back, senior officials in Mantralaya said the official notification about the pull out of JV will be made to the Wockhardt management only after getting the final clearance from the legal department.

"We have yet not received clearance from the legal department. Only after its receipt that we can submit an official notification about the withdrawal from Wockhardt," he said.

The disagreement on profit sharing was the major reason for the government to pull from the joint venture. "A JV will take place only if the government gets its due share from it," said a state government official. As a last retort, government would develop the project on its own if its talks with the private parties do not materialize. "There is no point in keeping the project idle for years. If no private player comes to the rescue of the project, the government will take it on its own," he said.