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Harika Enjamuri

26th Sep · SEBI-Registered Analyst

IRFC Extends ₹12,640 Crore Loan to CSPGCL for Korba West Project

IRFC
has sanctioned a ₹12,640 crore rupee term loan to Chhattisgarh State Power Generation Company (CSPGCL) to finance its 2x660 MW super critical thermal power project at Korba West. CSPGCL, with an existing capacity of over 2,600 MW, will deploy the funds to strengthen long-term financial stability and ensure timely project execution. The investment is expected to enhance regional power availability, support railway-linked energy requirements, and contribute to overall infrastructure growth, underscoring IRFC’s position as a major financier in large-scale energy and infrastructure projects. Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.

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