HUDCO Signs MoU with Vadhvan Port Project Limited for Funding Upto Rs. 25000 Crore

Housing and Urban Development Corporation Limited (HUDCO), a NAVRATNA CPSE, has signed a Memorandum of Understanding (MoU) on 215th January, 2025 with Vadhvan Port Project Limited (VPPL), a joint venture of JNPA (Government of India) and Maharashtra Maritime Board (MMB), an entity of Government of Maharashtra. Through this MoU, HUDCO will explore and provide funds up to Rs. 25000 Crore for development of new ports/PPP projects of VPPL. The MoU was signed by Shri M Nagaraj, Director (Corporate Planning), HUDCO and Shri Unmesh Sharad Wagh, I.R.S., Chairman & Managing Director, VPPL.