IRFC Disburses ₹10.0 Billion Loan to MAHAGENCO, Kicks Off 2026-2027

Indian Railway Finance Corporation (IRFC) has started the new financial year with a ₹10.0 billion term loan disbursal to Maharashtra State Power Generation Company (MAHAGENCO), the company said in a press release.

The company said the loan has been fully sanctioned and disbursed, marking its first transaction for 2026-2027. The move follows its recent ₹128.4 billion loan agreement with Hindustan Urvarak & Rasayan Limited.

IRFC continues to expand its role beyond railways, funding infrastructure segments linked to the broader ecosystem, including power, transmission, mining, logistics and urban transport.

The company said it remains focused on strengthening partnerships across sectors while maintaining financial discipline. It added that its asset quality remains strong, with a zero non-performing asset portfolio.

MAHAGENCO, one of the largest power generation utilities in Maharashtra, is expected to use the funding to support its operations and enhance electricity supply capabilities in the state.