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IRFC disburses Rs 1,000 crore term loan to MAHAGENCO
Apr-07-2026

Continuing its role in augmenting the country's core infrastructure, Indian Railway Finance Corporation (IRFC) has sanctioned and fully disbursed a Rs 1,000 crore term loan to Maharashtra State Power Generation Company (MAHAGENCO). The development comes close on the heels of its recent Rs 12,842 crore loan agreement with Hindustan Urvarak & Rasayan.

Established in 1986 as the dedicated financing arm of the Ministry of Railways, IRFC has played a key role in mobilising long-term resources for India's rail infrastructure at competitive rates. In recent years, the company has expanded its footprint as a diversified infrastructure financier, with a mandate extending to sectors linked to the railway ecosystem, including power generation, transmission, mining, fuel and coal, logistics, and urban transport. 

MAHAGENCO, the largest power generation utility in Maharashtra, remains central to ensuring reliable electricity supply in the state. The latest funding support is expected to further strengthen its operational capabilities.

Indian Railway Finance Corporation (IRFC) is the dedicated market borrowing arm of the Indian Railways.


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