IRFC disburses Rs 1,000 crore loan to MAHAGENCO
Indian Railway Finance Corporation (IRFC), a Navratna Central Public Sector Enterprise (CPSE) under the Ministry of Railways, has sanctioned and fully disbursed a Rs 1,000 crore term loan to Maharashtra State Power Generation Company Limited (MAHAGENCO). The announcement was made on Monday, marking IRFC’s first disbursement of the new financial year. The loan follows IRFC’s recently concluded Rs 12,842 crore financing agreement with Hindustan Urvarak & Rasayan Limited. MAHAGENCO, the largest power generation utility in…