Hudco seeks $1B from global lenders by March 2026 to fund infrastructure, boosting financing and improving asset quality.

India’s state-owned infrastructure financier Hudco is in advanced talks with global lenders including the Asian Development Bank, KfW, and AIIB to raise $1 billion by March 2026 for infrastructure projects. The funds aim to diversify financing and lower borrowing costs. Hudco has also issued EC Capital Gain Bonds, raising ₹50 crore so far and planning to raise another ₹150 crore. It reported a 22% rise in loan sanctions and higher disbursements in the first half of FY25. Asset quality improved significantly, with gross NPAs at 1.21% and net NPAs at 0.07% by September 2025, down from prior-year levels, as the company focuses on investment-grade projects, aiming for net zero non-performing assets within 15 months.