HUDCO Signs MoU with JNPA for ₹5,000 Crore Port Infrastructure Financing

Housing and Urban Development Corporation Limited (HUDCO) has entered into a strategic agreement with Jawaharlal Nehru Port Authority (JNPA) to advance infrastructure growth through a newly signed Memorandum of Understanding (MoU). 

The initiative highlights HUDCO’s continued commitment to supporting large-scale national projects that strengthen India’s transport and logistics network.

Strategic Collaboration for Infrastructure Expansion

The non-binding MoU, signed on 24th October 2025, sets the groundwork for collaboration in developing, financing, and refinancing port infrastructure projects at Jawaharlal Nehru Port. 

With an estimated project value of ₹5,000 crore, the partnership aims to leverage HUDCO’s expertise in infrastructure finance and JNPA’s operational capabilities to enhance port capacity and connectivity. 

The agreement was formally signed by Shri Sanjay Kulshrestha, CMD of HUDCO, and Shri Unmesh Sharad Wagh, Chairman of JNPA, reflecting the mutual intent to drive sustainable development in India’s maritime sector.

About HUDCO 

Founded in 1970, Housing and Urban Development Corporation Limited (HUDCO) is a Government of India enterprise headquartered in New Delhi. It operates under the Ministry of Housing and Urban Affairs, specialising in housing finance, urban infrastructure funding, and project development across India. 

HUDCO plays a pivotal role in enabling sustainable infrastructure growth and supporting inclusive urbanisation through its financial solutions.

Read More: DPIIT Inks MoU with Primus Partners to Strengthen Startup Ecosystem!

HUDCO Share Price Performance 

As of October 27, 2025, at 11:01 AM, Housing and Urban Development Corporation share price is trading at ₹227.48 per share, reflecting a gain of 0.28% from the previous closing price.

Conclusion

The collaboration positions HUDCO as a key contributor to India’s port infrastructure growth, reinforcing its strategic role in financing and supporting national development projects.

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