PSUs

HUDCO & YEIDA ink pact for long-term financial assistance

By IndianMandarins- 21 Aug 2024
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hudco-yeida-ink-pact-for-long-term-financial-assistance

New Delhi (21.08.2024): Housing and Urban Development Corporation (HUDCO) announced the signing of a MoU with the Yamuna Expressway Industrial Development Authority (YEIDA) in New Delhi. The MoU is a collaboration to provide long-term financial assistance in the form of loans to YEIDA’s various projects on both sides of the Yamuna Expressway, as well as to provide a comprehensive range of fee-based consultancy services from concept to commissioning in identified sectors and Project Management Consultancy Services from project conceptualisation to completion, at mutually agreed terms, according to HUDCO in a regulatory filing. HUDCO will also provide a full spectrum of fee-based consultant services, from project concept to commissioning, as well as project management consultancy services from conceptualisation to completion, on mutually agreed-upon conditions.

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