Indian Railway Finance Corporation Limited has informed the Exchange regarding a press release dated September 26, 2025, titled "IRFC Sanctions Rupee Term Loan of INR 12,640 crore to CSPGCL Raipur".
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Indian Railway Finance Corporation (IRFC) has sanctioned a Rupee Term Loan of INR 12,640 crore to Chhattisgarh State Power Generation Company Limited (CSPGCL), a government-owned entity. The loan will fund CSPGCL's upcoming 2x660 MW Super Critical Thermal Power Project at HTPS, Korba West. The agreement was signed in Raipur between senior officials of both organizations. IRFC, the dedicated financing arm of the Ministry of Railways and recently accorded Navratna status, is expanding its role as a diversified infrastructure financier for railway-linked projects. The company continues to maintain a zero-NPA portfolio, and CSPGCL has an installed power generation capacity of over 2,600 MW.
This large loan sanction demonstrates IRFC's growing role beyond railway financing into power and other infrastructure segments with railway linkages, supporting business diversification. The deal reinforces IRFC's order book and lending pipeline, which is positive for revenue visibility, though it does not directly alter near-term earnings.