Indian Railway Finance Corporation (IRFC) has executed a Rupee Term Loan Agreement with Maharashtra State Power Generation Company (MAHAGENCO) for a sanctioned amount of Rs 5,000 crore. Out of the sanctioned loan, Rs 3,000 crore has already been disbursed on December 31, 2025.
Established in 1986 as the dedicated financing arm of the Ministry of Railways, IRFC has played a pivotal role in strengthening India’s rail infrastructure by mobilising long-term resources at competitive rates. As a Navratna CPSE, IRFC is expanding its role as a diversified infrastructure financier within the railway ecosystem, with a mandate covering projects having forward and backward linkages with railways, including power generation and transmission, mining, fuel and coal, warehousing, telecom, hotels and catering, metro rail, freight corridors, ports and multimodal logistics. IRFC continues to maintain a strong asset quality track record with a zero-NPA portfolio.
MAHAGENCO, the largest power generation company in Maharashtra and a key State utility, plays an important role in ensuring reliable power supply in the State. The sanctioned facility from IRFC will support MAHAGENCO in meeting its operational and financial obligations.
Indian Railway Finance Corporation (IRFC) is the dedicated market borrowing arm of the Indian Railways.
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