National Bank for Financing Infrastructure and Development (NaBFID) has signed an MoU with Projects Development Company of Rajasthan Limited (PDCOR) to strengthen advisory services for state and city-level infrastructure projects.According to PTI, the agreement will allow both institutions to jointly explore financing and transaction advisory opportunities, including support for transaction structuring, commercial and technical due diligence and financial closure of projects undertaken by state governments and urban local bodies across India.Rajkiran Rai ji. said the Managing Director of NaBFID.He said the partnership will help both institutions jointly pursue project advisory opportunities, develop exemplary financing frameworks, accelerate financial closure and mobilize capital across the infrastructure value chain.Monica Kalia, DMD-CFO, NABFID, said that this tie-up will leverage the strengths of both the organizations to provide necessary advisory support to states and urban local bodies for impactful urban infrastructure projects.Dilip Chingpurath, Chief Executive Officer, PDCOR, said the agreement will address the long-felt need for end-to-end professional support to structure and mobilize sustainable financing solutions, especially for state governments and their agencies.“Through this collaboration, both institutions aim to enhance the quality of project preparation, mobilize institutional capital more effectively and accelerate the implementation of sustainable infrastructure projects in states and municipalities,” he said.NaBFID is a development financial institution focused on long-term infrastructure financing, while PDCOR is a Government of Rajasthan undertaking.