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
Resources

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Next Story
Real Estate

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Next Story
Real Estate

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement