Hudco approves Rs 2,000-crore credit line to NBCC for JIL bid
NBCC submitted its revised bid to Hudco on May 22, with the approval of the ministry of housing and urban affairs (MoHUA). In a letter to Hudco, NBCC requested for a letter of comfort (LoC) for financing Rs 2,000 crore, as per the requirement of its revised resolution plan, a source said.