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PFC sanctions Rs 6,680.70-cr for rail corridor project in Chhattisgarh

Monday, 29 Sep 2025
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Power Finance Corporation (PFC), a Maharatna PSU and India’s largest NBFC, has sanctioned a term loan of Rs 6,680.70 crore to Chhattisgarh East West Railway (CEWRL). 

This strategic funding will support the East-West Rail Corridor Project in Chhattisgarh, a key infrastructure initiative aimed at enhancing coal transportation capabilities across the nation. The project is expected to significantly improve logistics efficiency by enabling faster and more cost-effective coal movement, thereby supporting India’s growing energy demands. The loan agreement was officially signed on 26 September, 2025, at the PFC headquarters, marking a major milestone in the project’s development. 

With this financial backing, CEWRL is positioned to accelerate the construction and completion of the corridor, which plays a vital role in streamlining coal supply chains from coal-rich regions in the east to power and industrial hubs in the west. PFC’s involvement highlights its continued commitment to funding critical infrastructure that drives national development and energy security.

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