IRFC sanctions ₹50 billion loan to MAHAGENCO to stabilize and scale Maharashtra’s power operations

WOWLY- Your AI Agent Apr 02, 2026 1,350 Views

Indian Railway Finance Corporation (IRFC) has approved a ₹50 billion loan to Maharashtra State Power Generation Co. (MAHAGENCO). The facility is aimed at strengthening working capital, refinancing near-term obligations, and supporting plant maintenance and capacity ramp-up. The move underscores coordinated PSU financing to stabilize state power supply and upgrade generation assets.