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Mon, 03 Aug 2026
08:39:16 am
Mon, 03 Aug 2026
08:39:16 am
Rudransh Sangwan
Published at: June 17, 2026, 11:02 PM
Synopsis
HUDCO signs a ₹1 lakh crore MoU with the Gujarat Government to finance infrastructure projects over the next two years. The agreement aims to accelerate economic development and large-scale infrastructure expansion across the state.
Housing and Urban Development Corporation Limited (HUDCO) has signed a Memorandum of Understanding (MoU) with the Government of Gujarat to provide financial assistance of up to ₹1,00,000 crore for infrastructure and development projects across the state. The agreement aims to accelerate large-scale infrastructure creation and support Gujarat's long-term economic growth agenda.
The MoU was signed on June 17, 2026, in Gandhinagar and will remain valid for a period of two years starting from May 2026.
Under the agreement, HUDCO will provide funding support for various infrastructure projects identified by the Gujarat government. The financial assistance will be extended on flexible terms, including moratorium benefits and customized repayment schedules, subject to HUDCO's lending guidelines.
| Particulars | Details |
|---|---|
| Organization | HUDCO |
| State | Gujarat |
| Total Financial Assistance | ₹1,00,000 Crore |
| Agreement Type | Memorandum of Understanding (MoU) |
| Signing Date | June 17, 2026 |
| Validity | 2 Years |
| Commencement Period | May 2026 |
| Purpose | Infrastructure Development |
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The proposed funding is expected to support multiple infrastructure segments including urban development, transportation, industrial infrastructure, public utilities, housing, and other strategic development projects across Gujarat.
The initiative aligns with Gujarat's continued focus on attracting investments, improving connectivity, and strengthening public infrastructure to drive economic growth.
| Parameter | Details |
|---|---|
| Location | Gujarat |
| Investment Commitment | ₹1,00,000 Crore |
| Funding Provider | HUDCO |
| Project Type | Infrastructure & Development Projects |
| Funding Structure | Flexible Terms & Repayment |
| Objective | Economic Development & Infrastructure Creation |
As part of the agreement, the Gujarat government will facilitate necessary approvals, permissions, registrations, and clearances from relevant departments to ensure smooth implementation of the identified projects.
The collaboration is expected to enable faster project execution while ensuring timely access to funding for critical infrastructure initiatives.
The ₹1 lakh crore commitment represents one of the significant infrastructure financing initiatives announced for Gujarat in recent years.
Key benefits include:
HUDCO remains one of India's leading infrastructure financing institutions, supporting projects across housing, urban infrastructure, transportation, water supply, and social infrastructure sectors.
The latest agreement further strengthens HUDCO's role in financing large-scale development projects and supporting state-led infrastructure expansion.
HUDCO's ₹1 lakh crore infrastructure financing commitment marks a major boost for Gujarat's development plans. With flexible funding support and government-backed project facilitation, the partnership is expected to accelerate infrastructure creation, attract investments, and contribute significantly to the state's economic growth over the coming years.
HUDCO has committed financial assistance of up to ₹1,00,000 crore for infrastructure projects in Gujarat.
The agreement was signed on June 17, 2026, in Gandhinagar.
The MoU is valid for two years commencing from May 2026.
The funding will support various infrastructure and development projects identified by the Gujarat government.
HUDCO will provide funding on flexible terms, including moratorium benefits and customized repayment schedules
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