IRFC starts financial year with Rs 1,000 crore disbursal to MAHAGENCO

Indian Railway Finance Corporation (IRFC) has sanctioned and fully disbursed a Rs 1,000 crore term loan to Maharashtra State Power Generation Company Limited (MAHAGENCO). This is the first disbursement of IRFC in the new financial year and it shows the company's commitment and confidence in its business partner. IRFC, established in 1986, has played a key role in mobilising long-term resources for India's rail infrastructure at competitive rates. The company has expanded its footprint as a diversified infrastructure financier and will continue to deepen its engagement across infrastructure sectors. MAHAGENCO, the largest power generation utility in Maharashtra, will use the funding to further strengthen its operational capabilities. IRFC continues to maintain a strong asset quality profile with a zero-NPA portfolio.