IRFC Sanctions Rs 50 Billion Loan to MAHAGENCO
ECONOMY & POLICY

IRFC Sanctions Rs 50 Billion Loan to MAHAGENCO

Indian Railway Finance Corporation (IRFC) has recently executed a Rupee Term Loan Agreement with Maharashtra State Power Generation Company Limited (MAHAGENCO) for a sanctioned amount of Rs 50 billion, of which Rs 30 billion has already been disbursed.

A Navratna CPSE under the Ministry of Railways, IRFC has expanded its role beyond rail financing to support infrastructure projects linked to the railway ecosystem, including power generation, transmission, mining, logistics, ports and metro rail. The corporation continues to maintain a strong asset quality profile with a zero-NPA portfolio.

MAHAGENCO, Maharashtra’s largest power generation utility, will utilise the sanctioned facility to meet its operational and financial requirements, supporting reliable power supply across the state. The transaction reflects IRFC’s growing engagement with strategic public sector utilities while remaining aligned with its core infrastructure financing mandate.

Indian Railway Finance Corporation (IRFC) has recently executed a Rupee Term Loan Agreement with Maharashtra State Power Generation Company Limited (MAHAGENCO) for a sanctioned amount of Rs 50 billion, of which Rs 30 billion has already been disbursed. A Navratna CPSE under the Ministry of Railways, IRFC has expanded its role beyond rail financing to support infrastructure projects linked to the railway ecosystem, including power generation, transmission, mining, logistics, ports and metro rail. The corporation continues to maintain a strong asset quality profile with a zero-NPA portfolio. MAHAGENCO, Maharashtra’s largest power generation utility, will utilise the sanctioned facility to meet its operational and financial requirements, supporting reliable power supply across the state. The transaction reflects IRFC’s growing engagement with strategic public sector utilities while remaining aligned with its core infrastructure financing mandate.

Next Story
Infrastructure Urban

Rosatom Delivers Nuclear Fuel for Kudankulam Unit 3

Rosatom has recently supplied nuclear fuel for the initial loading of the VVER-1000 reactor core at Unit 3 of the Kudankulam Nuclear Power Plant, marking a key milestone in the second stage of the Russian-designed nuclear power project in southern India.The fuel was supplied by Rosatom’s Nuclear Fuel Division, managed by TVEL, and manufactured at the Novosibirsk Chemical Concentrates Plant. The delivery includes the initial reactor load along with reserve fuel assemblies and is part of a long-term contract covering the entire operational life of Units 3 and 4.Building on operational experien..

Next Story
Infrastructure Transport

CBL International Enables First LNG Bunkering at Xiaomo Port

CBL International recently completed the first-ever LNG bunkering operation at Xiaomo Port, supplying liquefied natural gas to vessels operated by BYD in support of its maritime decarbonisation strategy. The operation was facilitated through a physical supplier in collaboration with China National Offshore Oil Corporation (CNOOC), which supported the port’s inaugural LNG bunkering activity. The milestone represents a strategic expansion of CBL International's sustainable fuel offerings beyond biofuels, while also diversifying revenue streams. As global shipping intensifies efforts to cut em..

Next Story
Infrastructure Urban

Aimtron, Aurassure Partner for IoT Weather Systems

Aimtron Electronics has recently entered into an OEM manufacturing engagement with Aurassure to produce new-age, IoT-enabled weather and environmental monitoring systems in India. The collaboration supports the growing demand for real-time environmental intelligence across urban, industrial and infrastructure applications. The engagement comes as global focus on climate-risk management and data-driven planning accelerates. The global weather monitoring systems market, valued at around USD 2.1 billion in 2024, is projected to reach nearly USD 4.8 billion by 2034, driven by the rapid adoption o..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App