IRFC Sanctions ₹5,000 Crore Loan to MAHAGENCO; ₹3,000 Crore Disbursed

NEW DELHI: Indian Railway Finance Corporation Limited (IRFC), a Government of India Navratna CPSE under the Ministry of Railways, has executed a Rupee Term Loan Agreement with Maharashtra State Power Generation Company Limited (MAHAGENCO) for a sanctioned amount of ₹5,000 crore, out of which ₹3,000 crore has already been disbursed today.

The funding support will assist MAHAGENCO — Maharashtra’s largest power generation company — in meeting its operational and financial requirements, thereby strengthening the state’s electricity infrastructure and ensuring uninterrupted power supply.

Established in 1986 as the dedicated financing arm of the Ministry of Railways, IRFC has emerged as a key institution in financing India’s infrastructure ecosystem. As a diversified infrastructure financier, IRFC’s mandate spans multiple sectors including power generation, transmission, mining, fuel and coal, warehousing, telecom, metro rail, freight corridors, ports and multimodal logistics. The company continues to maintain a strong asset quality with a zero-NPA portfolio.

Commenting on the development, the Chairman & Managing Director of IRFC said that the sanction strengthens IRFC’s engagement with strategic public sector utilities and reaffirms its commitment to supporting critical infrastructure through long-term structured financing solutions.

The latest sanction further highlights IRFC’s growing role beyond railways in strengthening India’s core infrastructure landscape.