HUDCO Signs MoU with Yamuna Expressway Industrial Development Authority

Shri Sanjay Kulshrestha, Chairman & Managing Director HUDCO, signed a Memorandum of Understanding (MoU) with Dr. Arun Vir Singh, CEO, Yamuna Expressway Industrial Development Authority (YEIDA), on 21st August, 2024. On this occasion, Shri M Nagaraj, Director (Corporate Planning) HUDCO, Shri Daljeet Singh Khatri, Director (Finance) HUDCO along with Ms. Shruti, Additional CEO YEIDA, Shri Kapil Singh, Additional CEO, YEIDA and senior officials were also present.

Read Also : Coal Ministry Achieves 411.62 MT Production in FY 2024-25

The MoU aims to facilitate collaboration in extending long- term financial assistance for planned and sustainable infrastructure development in the region. The key projects include land acquisition, the development of industrial estates, electronic city, housing projects, and the associated infrastructure development of other urban facilities along both sides of the Yamuna Expressway.

Read Also : Need for adopting multi-pronged strategy for Research & Development in Defence sector: BEL CMD

HUDCO will also provide Project Management Consultancy Services covering the entire project lifecycle—from project conceptualization to completion, across identified sectors. This includes cost control, quality assurance, speedy execution, timely completion, and coordination with various stakeholders for projects implemented by YEIDA.

Capacity-building is another area where support of HUDCO will be extended for conducting need based Research & Training, through the Human Settlement Management Institute (HSMI) of HUDCO.

Read Also : PFC, Bhutan, and Tata Power Discuss Hydro Project Investment