HUDCO anchors big coastal dreams πποΈ
Housing and Urban Development Corporation HUDCO is setting sail on massive infrastructure ambitions β signing two non-binding MoUs with Sagarmala Finance Corporation Ltd (SMFCL) and Syama Prasad Mookerjee Port, Kolkata (SMPA).
ποΈ With SMFCL, HUDCO will explore joint financing worth βΉ80,000 crore across:
Ports, harbours & coastal infrastructure
Green energy in maritime zones
Shipbuilding & logistics development
β With SMPA, HUDCO plans to provide up to βΉ3,000 crore for port modernization and allied projects β supporting both new developments and refinancing of existing assets.
From housing to harbours β HUDCOβs blueprint is clearly expanding from urban blocks to ocean docks.
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