Archive · 16 Nov 2025
Hudco Aims to Raise $1 Billion for Infrastructure Projects by March
A government-owned company in India called Hudco wants to borrow a lot of money, about $1 billion, from big international banks.
They want this money to help build new infrastructure, like roads and buildings, in India.
Hudco is talking to banks like the Asian Development Bank and Germany's KfW to get the loans.
They hope to get all the money by the end of March.
Besides loans, Hudco is also selling special bonds that help people save on taxes.
The company has been doing well lately, approving more loans and giving out more money to projects.
They are also working to reduce their bad loans, making sure they only invest in projects that are likely to succeed.
Hudco is in discussions with global development institutions like KfW, ADB, and AIIB to raise $1 billion for infrastructure projects.
The company aims to finalize these fundraises by March of the current financial year.
Hudco is also raising funds through 54 EC Capital Gain Bonds, having mobilized ₹50 crore so far and aiming for another ₹150 crore.
Loan sanctions increased by 22% to ₹92,985 crore in the first half of FY26, with disbursements rising to ₹25,838 crore.
Hudco is focusing on investment-grade projects to achieve net zero Non-Performing Assets (NPAs) within 15 months, with gross NPAs currently at 1.21%.
- Who
- Housing and Urban Development Corporation Ltd (Hudco), led by Chairman and Managing Director Sanjay Kulshreshta
- What
- Hudco is in talks with global development institutions to raise $1 billion to fund infrastructure projects and is also mobilizing funds through 54 EC Capital Gain Bonds.
- When
- Talks are ongoing, with the goal of finalizing the $1 billion fundraise by March (end of the current financial year). Loan sanctions and disbursements refer to the first half of the fiscal year ending September 2025.
- Where
- India
- Why
- To mobilize funds for infrastructure projects, diversify resource-raising streams, and bring down the cost of funds.
Source of Information
Official Confirmation
Funding Talks
Source of Information
Hudco's CMD Sanjay Kulshreshta stated the company is in advanced discussions with KfW for $200 million, and in talks with ADB for $500 million and AIIB for $200-300 million, aiming to raise a total of $1 billion by March.
Official Confirmation
Specific institutions involved in the funding talks (KfW, ADB, AIIB) and Hudco itself have not issued official statements confirming these specific discussions or the $1 billion target in this article.
- Company
- Housing and Urban Development Corporation Ltd (Hudco)
- Funding Target
- $1 billion
- Targeted Institutions
- KfW, Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB)
- Funding Purpose
- To fund infrastructure projects in the country
- Timeline
- By March (end of current financial year)
- 54 EC Capital Gain Bonds Mobilized (YTD)
- ₹50 crore
- Loan Sanctions (H1 FY26)
- ₹92,985 crore (22% increase)
- Loan Disbursements (H1 FY26)
- ₹25,838 crore
