Indian Railway Finance Corporation (IRFC) has signed a Rupee term loan agreement with Maharashtra State Power Generation Company (MAHAGENCO) for Rs 5,000 crore, of which Rs 3,000 crore has already been disbursed.

This financial support will help MAHAGENCO, Maharashtra’s largest power generator, meet its operational and financial needs, enhancing the state’s electricity infrastructure and ensuring uninterrupted power supply for industries and households. Established in 1986 as the financing arm of the Ministry of Railways, IRFC has grown into a key infrastructure financier in India. It provides funding across diverse sectors, including power generation and transmission, mining, coal, telecom, metro rail, ports, logistics, and freight corridors.

IRFC is known for maintaining strong asset quality, with a zero non-performing asset portfolio. This loan reflects IRFC’s continued role in supporting large-scale infrastructure development and strengthening essential services across the country.