Hudco, KBJNL sign MoU

Housing and Urban Development Corporation Ltd (Hudco) signed a memorandum of understanding with Krishna Bhagya Jala Nigam Limited (KBJNL) for extending consultancy services and project finance. KBJNL will operate and execute the projects on the lands owned by KBJNL and Hudco shall take up as a fee-based service and on consultancy basis the project formulation, preparation of detailed project report, planning, architectural design services, consultancy management. It will also provide loan assistance based on the specific project requirements, for implementation of rehabilitation and resettlement components of Upper Krishna Project (UKP).