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

Gautam Budh Nagar: Know who among the three MLAs will get ministerial post, this name is in the forefront of the discussion

State government is sworn date is coming closer as, so will the legislators to get increasingly n

Powerful Hindi of Amitabh's granddaughter: Like grandfather, Aaradhya's Hindi is also excellent, won hearts by reciting poetry; Fans said - the tradition continues

The poems of Harivansh Rai Bachchan, father of Big B Amitabh Bachchan of the film industry, are s

Raksha Bandhan 2020: These special gadgets can become the best gift for your dear sister

New Delhi: This time Rakshabandhan will be celebrated in the country on August 3. Rakshabandhan i

Good News For Reliance Jio Users, New Offer Up To 5000GB Extra Data

Reliance Jio is good news for users. The company is giving double data benefit to its JioFiber us

Ind vs AFG: These players of Team India are happy to bat at number 6, told MS Dhoni's advice as the great mantra of victory

Rinku Singh Post-match interaction: India won the first T20 against Afghanistan by 6 wickets with

Lok Sabha Speaker: Who has the strongest position in the Lok Sabha Speaker election? Understand the complete maths before voting

There was no consensus between the government and the opposition on Tuesday for the post of Lok S

Nijjar murder case: Terrorist organization Sikh for Justice warned Hindus, said- 'Leave Canada, go to India'

The dispute between Canada and India regarding the murder of Hardeep Singh Nijjar is increasing.

Rail Budget: Slew of Passenger Amenities announced

New Delhi, Feb 26 (IANS) Railway Minister Suresh Prabhu Thursday announced a slew of passenger

Why does Himanta Biswa Sarma make a derogatory statement against Rahul Gandhi?

Assam Chief Minister Himanta Biswa Sarma recently made a controversial remark on Congress leader

Rajasthan: 12th day of lockdown phase-3 / Three women DSP formed WhatsApp group to help pregnant women, four got help in two days

Jaipur. On Friday, 55 new positive cases were found in Rajasthan. Among them, 29 were found in Ko