Housing & Urban Development Corporation Limited (HUDCO) — Announcement

📢 Key Event
HUDCO signs MoU with Odisha government for urban infrastructure loans

🔮 What's Next
loan to be availed in tranches over 5 years with repayment up to 25 years

💡 Investor Takeaway
This MoU establishes a major funding pipeline for Odisha's urban projects, potentially boosting HUDCO's loan book and long-term revenue visibility.

HUDCO announced it signed a Memorandum of Understanding with the Government of Odisha to provide up to Rs.1,00,000 Crore in term loans over 5 years for urban infrastructure projects in Bhubaneswar-Cuttack-Puri-Paradeep Economic Region and Mukhyamantri Sahari Vikas Yojana. The MoU outlines flexible tranche disbursement, repayment from project revenues, and a 3-year validity with annual review. This partnership enables HUDCO to expand its urban development financing footprint in Odisha.

📄 View Original Announcement (PDF)

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