India, April 8 -- Continuing its role in augmenting the country's core infrastructure, Indian Railway Finance Corporation (IRFC), a Navratna CPSE under the Ministry of Railways, on Monday, announced that it has sanctioned and fully disbursed a Rs 1,000 crore term loan to Maharashtra State Power Generation Company Limited (MAHAGENCO). The development comes close on the heels of its recent Rs 12,842 crore loan agreement with Hindustan Urvarak & Rasayan Limited.

"A wonderful start to the new financial year. Our first disbursement going to a trusted business partner is not just a transaction, it is a statement of confidence, continuity, and commitment," the Chairman and Managing Director of IRFC, Manoj Kumar Dubey, said, adding, "I congr...