Indian Railway Finance Corporation Limited has informed the Exchange regarding a press release dated August 11, 2025, titled "IRFC Executes Refinancing for Angul Sukinda Railway Limited to Strengthen ProjectViability".
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IRFC has executed a refinancing facility of INR 2,539 crore for Angul Sukinda Railway Limited (ASRL), a railway SPV promoted by RVNL, CONCOR, the Government of Odisha and private partners. ASRL operates a 113.4 km broad gauge railway line in Odisha connecting mineral-rich belts to coal, steel, power and port facilities, serving as a strategic freight corridor. The refinancing offers more competitive financing terms and a repayment structure aligned with the project's actual revenue cycles, aimed at improving financial viability and freeing up resources for expansion. The loan documents were signed at IRFC's New Delhi office on August 11, 2025.
This reinforces IRFC's role as the dedicated financier for the railway ecosystem and supports its growth beyond core railway financing into linked infrastructure. For shareholders, it underscores IRFC's expanding loan book, its recently granted Navratna status, and its continued zero-NPA track record, which are positive for the company's long-term earnings visibility.