HUDCO Sanctions Rs.837.6 Crore for Roads in Bengal

Posted on 16th Feb 2015 10:48 am by mohit kumar

Kolkata, Feb 14 (IANS) Centre-owned infrastructure finance company Housing and Urban Development Corporation Ltd. (HUDCO) Saturday said it has sanctioned Rs.837.60 crore to West Bengal for developing two road projects.

The company said it has also sanctioned Rs.1.5 crore for developing five model villages and slum-areas in the state to promote the "comprehensive development of human settlements".

"In West Bengal, HUDCO has supported 48 major urban infrastructure projects with a total loan amount of Rs.3,542 crore. Of this, 34 projects pertain to utility infrastructure such as water supply, drainage, solid waste management, roads and bridges," the company said in a statement.

The corporation said until now, it has supported 338 schemes with a total loan sanction of Rs.4,421 crore of which Rs.3,366 crore has been disbursed already.

"During the last four years, the HUDCO has sanctioned a total of 11 projects for a loan amount of Rs.1,288 crore," it said.

It has financed some of the prominent projects in the state capital in the recent past which includes government buildings, jetty and fly-overs.

Other news

Vaccine may be approved early for high-risk groups, signs given by the central government; Health Minister's trust - Vaccine will be ready before March

Amid increasing cases of coronaviruses, the central government has indicated that the corona vacc

Corona in the country: 7 members of Bengal Ranji Trophy squad corona infected, training session canceled; BCCI may hold an emergency meeting

Corona's entry has been made in the Ranji Trophy starting on January 13. 7 players of the Bengal

Punjab seeks Rs.717 Crore compensation for farmers

Chandigarh, March 26 (IANS) The Punjab government has sought a comprehensive relief package, as

Mamata Banerjee's new slogan in response to 'Jai Shri Ram', 'Hare Krishna Hare Ram, Vida Ho BJP-Left'

Hubli: After the verbal war between the leaders in West Bengal, the battle of slogans has started

Ban on coverage of terrorist incidents in PAK: Authority said- terrorists taking advantage of news, showing their strength through media

Pakistan Electronic Media Regulatory Authority (PEMRA) has issued new guidelines for TV channels.

VD Savarkar: Now in Kerala also controversy regarding Savarkar, organizations took out a protest march against the school

After Karnataka, Kerala has also seen a controversy regarding the support and opposition of freed

Gyanvapi Case: In the Gyanvapi case, today the Muslim side objected to the claims of the Hindu side, hearing was postponed till July 4

Gyanvapi Mosque Dispute: A hearing was held on Monday in the court of the District Judge of Varan

Gotabaya Rajapaksa trying to get US citizenship: Former Sri Lankan President applied for a green card, wife is already a US citizen

Former Sri Lankan President Gotabaya Rajapaksa has applied for a green card to settle in the US.

India replenishes 32 million tons of oil reserves by purchasing cheap crude oil

Petroleum Minister Dharmendra Pradhan said on Monday that India has managed to store 32 million t

Green tribunal seeks report on Ghaziabad's concretisation

Ghaziabad, March 9 (IANS) Following a petition filed by an environment activist, the National G