Hudco Shares Rise After Signing Rs 25,000 Crore Bihar Industrial Park MoU
Hudco signed an MoU with the Bihar government to support time-bound planning, development and financing of industrial park projects across the state, with the Infrastructure Development Authority facilitating land and enabling infrastructure. Loan repayment is to be handled through escrowing project revenues or ring-fencing other identified receivables/state budget sources. A prior July 2026 MoU targets term loans up to Rs 1 lakh crore for urban infrastructure, and the stock rose on the news.