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Vineet Saxena

30th Oct Β· SEBI-Registered Analyst

HUDCO
anchors big coastal dreams πŸŒŠπŸ—οΈ

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). πŸ—οΈ With SMFCL, HUDCO will explore joint financing worth β‚Ή80,000 crore across: Ports, harbours & coastal infrastructure Green energy in maritime zones Shipbuilding & logistics development βš“ With SMPA, HUDCO plans to provide up to β‚Ή3,000 crore for port modernization and allied projects β€” supporting both new developments and refinancing of existing assets. From housing to harbours β€” HUDCO’s blueprint is clearly expanding from urban blocks to ocean docks.

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