IRFC Opens Financial Year With Rs 10 bn Disbursal to MAHAGENCO

09 Apr 2026 CW Team

Indian Railway Finance Corporation (IRFC), a Navratna central public sector enterprise under the Ministry of Railways, has opened the financial year by sanctioning and fully disbursing a Rs 10 bn term loan to Maharashtra State Power Generation Company Limited (MAHAGENCO). The disbursement marks the first funding action of the year and underlines IRFC's continued role in supporting core infrastructure across the country.

The Rs 10 bn facility to MAHAGENCO follows a recent larger transaction in which IRFC agreed a Rs 128.42 bn loan with Hindustan Urvarak & Rasayan Limited, reflecting the lender's growing presence beyond rail projects. The corporation described the latest transfer as a demonstration of confidence and continuity in its partnerships with infrastructure entities.

Manoj Kumar Dubey, Chairman and Managing Director of IRFC, congratulated the team for achieving the early disbursement and urged continued momentum, framing the move as consistent with financial discipline and strategic engagement. He emphasised that the organisation will pursue strong partnerships and performance while remaining aligned with its core mandate.

Established in 1986 as the dedicated financing arm of the Ministry of Railways, IRFC has mobilised long term resources for India's rail infrastructure at competitive rates and has progressively diversified into related sectors. Its mandate now encompasses power generation, transmission, mining, fuel and coal, logistics and urban transport, enabling the corporation to support a broader infrastructure ecosystem.

MAHAGENCO, the largest power generation utility in Maharashtra, is central to ensuring reliable electricity supply in the state and is expected to use the funds to strengthen operational capabilities. IRFC continues to report a zero NPA portfolio while scaling its activities across allied infrastructure segments, signalling a strong asset quality profile as lending expands.

Infrastructure Energy

08 Jun 2026

India Adds Record 44.61 GW Solar Capacity in FY2026

India’s solar sector reached a milestone in FY2026, with cumulative installed capacity crossing 150 GW and annual additions hitting a record 44.61 GW, exceeding the government target of 34 GW and nearly doubling FY2025’s 23.83 GW. Distributed Renewable Energy contributed 16.3 GW, while PPA and C&I segments accounted for 34 per cent and 30 per cent, respectively.India has risen from 9th globally in 2015 to 3rd in cumulative solar capacity by 2025 and is set to become the world’s second-largest solar market in annual installations in 2026. Seven states, led by Rajasthan and Gujarat, ac..

Abhee Ventures unveils Scottish-themed 45-acre township in Bengaluru

Abhee Ventures, a leading South Indian real estate developer, has announced “Codename New Dimension,” a 45-acre Scottish-themed residential township at Gunjur on Whitefield–Sarjapur Road, Bengaluru. Strategically located between Whitefield and Sarjapur Road, Gunjur benefits from strong connectivity to the Outer Ring Road IT corridor, ITPL, EPIP, the upcoming Dommasandra Metro Station, and the proposed SWIFT City and Peripheral Ring Road.The township, designed in collaboration with London-based UHA London and India’s RSP Architects, offers low-density living with 85 per cent open spaces..

BPE launches world’s thinnest Active Tile for legacy data centres

Best Power Equipments (India) Pvt Ltd (BPE), a leading provider of power solutions, data centre systems, and Battery Energy Storage Systems (BESS), has launched the BPE Active Tile, the world’s thinnest active tile designed for legacy data centres and telecom infrastructure. At just 65 mm thick, the tile requires significantly less space than conventional active tiles, which need nearly 450 mm floor depth.“Most legacy data centres were built decades ago for lower IT loads and traditional airflow patterns,” said A Prabhu, Executive Director – Technical (Global Operations), BPE. “As ra..