Published on 25/10/2025 09:52 AM
HUDCO signs MoU with Jawaharlal Nehru Port Authority for infra collaboration worth ₹5,000 croreThe MoU was signed in Mumbai on Friday (October 24) by HUDCO Chairman and Managing Director Sanjay Kulshrestha and JNPA Chairman Unmesh Sharad Wagh.By Anshul October 25, 2025, 9:52:18 AM IST (Updated)1 Min ReadHousing and Urban Development Corporation Limited (HUDCO) has signed a non-binding Memorandum of Understanding (MoU) with the Jawaharlal Nehru Port Authority (JNPA) to explore cooperation in infrastructure development and project financing at the Jawaharlal Nehru Port.
Under the agreement, both entities will collaborate on existing and upcoming infrastructure projects, including financing and refinancing of port-related initiatives, with an estimated value of ₹5,000 crore.
The MoU was signed in Mumbai on Friday (October 24) by HUDCO Chairman and Managing Director Sanjay Kulshrestha and JNPA Chairman Unmesh Sharad Wagh.
According to HUDCO, the understanding marks the beginning of efforts to identify potential areas for partnership in enhancing port infrastructure and supporting the financing needs of development projects at JN Port.
ALSO READ | Latent View Analytics Q2 results: Net profit falls 14%, revenue rises 9%Continue ReadingFirst Published: Oct 25, 2025 9:50 AM ISTCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsHUDCO