Page 17 - NEWSLETTER OCT to DEC 2023 Vol57

Meeting with Sh. Amit Dewan, Director Finance, Haryana Meeting with Ms. Amna Tasneem, IAS, Special
Power Generation Corporation Limited (HPGCL). Secretary (Revenue), Govt. of Haryana and Director
(Land Records).
Meeting was held with Sh. Amit Dewan, Director
Finance, Haryana Power Generation Corporation Meeting was held with Ms. Amna Tasneem, IAS, Special
Limited (HPGCL) and HUDCO’s new initiatives in Secretary (Revenue), Govt. of Haryana and Director (Land
financing various short term and long terms projects
Records) and discussion was held on various
were conveyed. During the discussion, it was informed
developmental projects which are under contemplation
that they are soon coming up with the project of 800
by Haryana Govt. and options of HUDCO financial
MW thermal power project in Yamunanagar. They
assistance were apprised in detail. It was suggested
suggested that they will require funds to the tune of
that Haryana Govt. is contemplating proposals for an
approximately Rs.4000 Cr. for the project. They were
informed about the modalities of availing HUDCO amount of Rs.14000 Cr. comprising of purchase of land for
finance for the same and were assured full support in various institutions like hospitals, Govt. Colleges, Airport
finalizing project. It was also informed that REC/PFC at Hissar etc. E-Bhumi Project for an amount of Rs.7000
has already communicated their sanction for the above Cr. was also suggested for which they indicated borrowing
projects. If competitive rate of interest is offered, they of funds in near future. Assurance of full support and help in
may avail financial assistance from HUDCO. finalization of projects was conveyed. She also proposed
that HUDCO may enter into MOU with Govt. of Haryana.

Sh. D.P. Tiwari, Director Finance, Harayna
International Horticultural Marketing Corporation
Ltd. (HIHMCL)
A meeting was held with Sh. D.P. Tiwari, Director Finance,
Harayna International Horticultural Marketing Corporation
Ltd. (HIHMCL) for early completion of documentation and
availing HUDCO release in India International
Horticulture Market (IIHM) project at Gannaur (Sonepat)
during the current financial year. DF, HIHMCL raised the
issues relating resetting of interest rate, Research &
Development Fees (R&D) and prepayment charges which
Meeting with Sh. Anurag Rastogi, IAS, Addl. Chief
have already been communicated to them.
Secretary (Finance), Govt. of Haryana
Regarding release of funds in this financial year, he
Meeting was held with Sh. Anurag Rastogi, IAS, Addl.
informed that they propose to avail NABARD funds of
Chief Secretary (Finance), Govt. of Haryana and
Rs.400 Cr. and Govt. Equity of Rs.400 Cr. before availing
HUDCO’s new initiatives in financing various short term
and long terms projects were conveyed. Deliberations HUDCO release. He assured for early documentation in
were made on the recently sanction scheme of IIHM at the scheme.
Gannaur, Sonepat. During the discussion, documentation
of sanctioned scheme and opportunities for potential
business were also explored.

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