Indian Railway Finance Corporation (IRFC) has announced two major funding initiatives to support critical infrastructure projects with direct linkages to the Indian Railways network.
IRFC sanctioned a ₹12,640 crore term loan to Chhattisgarh State Power Generation Company Limited (CSPGCL) for its 2x660 MW supercritical thermal power project at Korba West. The agreement was signed in Raipur between IRFC and CSPGCL officials.
CSPGCL, a Government of Chhattisgarh entity, currently operates over 2,600 MW of installed capacity and supplies power to Indian Railways, among others.
A day later, on September 27, 2025, IRFC extended ₹3,388.51 crore in loan assistance to Patratu Vidyut Utpadan Nigam Limited (PVUNL), a joint venture between NTPC (74%) and Jharkhand Bijli Vitran Nigam Limited (JBVNL) (26%).
The funds will develop the Banhardih coal block in Jharkhand, which holds around 956 million tonnes of reserves and will supply coal via Indian Railways for PVUNL’s 4,000 MW thermal power project.
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Since its establishment in 1986, IRFC has evolved from a railway-focused financier to a diversified infrastructure lender. With Navratna status, it now supports projects in power, mining, coal, warehousing, and logistics, all with forward or backward linkages to railways. IRFC maintains a zero-NPA portfolio, reinforcing its strong asset quality.
On September 29, 2025, Indian Railway Finance Corporation share price opened at ₹123.13 on NSE, above the previous close of ₹121.91. During the day, it surged to ₹124.60 and dipped to ₹122.50. The stock is trading at ₹123.90 as of 2:56 PM. The stock registered a moderate gain of 1.63%.
Over the past week, it has declined by 2.66%, over the past month, it has moved up by 2.79%, and over the past 3 months, it has declined by 12.57%.
IRFC’s recent loan sanctions of ₹12,640 crore to CSPGCL and ₹3,388.51 crore to PVUNL underscore its strategic role in financing rail-linked national infrastructure. Both projects enhance energy security and align with India’s developmental priorities while leveraging the Indian Railways network.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in securities are subject to market risks. Read all related documents carefully before investing.
Published on: Sep 29, 2025, 3:42 PM IST
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