IRFC signs Rs 50 billion term loan agreement with MAHAGENCO

Indian Railway Finance Corporation (IRFC) has signed a Rs 50 billion rupee-denominated term loan agreement with Maharashtra State Power Generation Company (MAHAGENCO). Of the sanctioned amount, Rs 30 billion has already been disbursed. IRFC is expanding its role as a diversified infrastructure financier beyond the core railway sector, with a mandate covering projects with forward and backward linkages to railways. These include power generation and transmission, mining, fuel and coal, warehousing, telecom, hotels and catering, metro rail, freight corridors, ports, and multimodal logistics.