Indian Railway Finance Corporation Limited has informed the Exchange regarding a press release dated April 06, 2026, titled "IRFC opens financial year with Rs 1,000 crore disbursal to MAHAGENCO".
IRFC · price
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IRFC has announced the sanction and full disbursement of a Rs 1,000 crore term loan to Maharashtra State Power Generation Company Limited (MAHAGENCO). This marks the first disbursement of the new financial year 2026-27. The loan supports MAHAGENCO, the largest power generation utility in Maharashtra, in strengthening its operational capabilities. IRFC Chairman Manoj Kumar Dubey described it as a statement of confidence and commitment to trusted business partners. The company also recently signed a Rs 12,842 crore loan agreement with Hindustan Urvarak & Rasayan Limited. IRFC maintains a zero-NPA portfolio while expanding its presence in infrastructure sectors including power, mining, and logistics.
Positive signal for IRFC showing strong lending momentum to start the new financial year. The disbursement to a state utility reinforces IRFC's role as a diversified infrastructure financier with stable asset quality.