Apollo Hospitals Enterprise (AHEL) is planning to add around 1,000 beds across its eight hospitals, in FY15.

The company plans to invest Rs 500 crore during FY15, through a mix of debt and internal accruals. During FY14, it had added over 300 beds in its portfolio, at a cost of Rs 500 crore.

As per its expansion plan for FY15, the company intends to add a 200-bed hospital at Nellore and a 150-bed hospital in South Chennai. Both these facilities are expected to go on stream during the second quarter FY15. During the same period, a 200-bed facility at Mellavaram and a 250-bed facility at Visakhaptnam are expected to go on stream.

Further, Apollo is also planning to add two women and child hospitals in Chennai with 60 beds each, which are expected to be functional in the second and third quarter of FY15.

In April 2014, the company had acquired 51 per cent interest in a 125-bed hospital in Indore for Rs 26 crore, as part of its expansion. The acquired multi-speciality hospital is expected to undergo a capacity upgradation to 175 beds in the next 12-18 months.

Apollo Hospitals had a total capacity of 8,617 beds as on 31 March 2014, including 39 owned hospitals.