Mumbai, Sept. 3 -- Under the MoU, HUDCO will provide financial assistance of up to Rs 25,000 crore over five years for industrial infrastructure development in Bihar. The MoU was signed on 2 September 2026 in Patna.

The funds will be provided as term loans for industrial infrastructure development, including land acquisition for proposed industrial parks.

The Government of Bihar has entrusted the Infrastructure Development Authority (IDA) with facilitating and implementing industrial park and other infrastructure projects across the state.

The loans will be provided in tranches through the statutory authority designated by the state government. HUDCO will offer flexible terms, including a moratorium and repayment period of up to 25 yea...