Rajasthan Secures Rs.1 Tn MOU with HUDCO for Infrastructure

26 Jul 2024 CW Team

Rajasthan has entered into a monumental Memorandum of Understanding (MOU) with HUDCO (Housing and Urban Development Corporation) to secure an investment of ?1 trillion for statewide infrastructure development. This strategic partnership aims to significantly enhance the state's urban and rural infrastructure over the coming years.

The MOU was signed to address the growing demand for modern infrastructure and to support Rajasthan's ambitious development plans. The allocated funds will be directed towards several key areas, including urban expansion, road construction, and public transport improvements. Additionally, the initiative will focus on enhancing water supply systems, sanitation facilities, and housing projects, which are crucial for the state's overall development.

Under this agreement, HUDCO will provide financial assistance and technical support to help Rajasthan achieve its infrastructure goals. The collaboration is expected to accelerate the implementation of various projects, thereby creating job opportunities and stimulating economic growth across the state.

Rajasthan's Chief Minister emphasised that this substantial funding will play a pivotal role in transforming the state?s infrastructure landscape. The MOU aligns with the state's vision of building robust, sustainable, and efficient infrastructure that meets the needs of its growing population and supports future growth.

The initiative marks a significant step towards improving quality of life for residents and ensuring that Rajasthan is well-equipped to handle the demands of modern urbanisation and development.

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..