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IRFC forays into power sector lending

Financial Express Hyderabad

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March 06, 2025

₹10,700-cr loans to be extended to NTPC ventures

- MANU KAUSHIK

IN ITS BID to diversify its lending business beyond Indian Railways, Indian Railway Finance Corporation (IRFC) on Wednesday announced funding of two big projects in the power sector.

The company has emerged as the lowest bidder to provide a ₹3,200-crore loan for Patratu Vidyut Utpadan Nigam (PVUNL), a joint venture between NTPC and Jharkhand Bijli Vitran Nigam. Additionally, NTPC Renewable Energy, a wholly owned subsidiary of NTPC Green Energy, has accepted IRFC's bid for ₹7,500 crore to finance a rupee term loan.

Financial Express Hyderabad से और कहानियाँ

Financial Express Hyderabad

Pulses imports likely to fall 45% in FY26

INDIA'S PULSES IMPORTS in the current fiscal are likely to decline by 45% to around 4 million tonne (MT) in FY26, from a record 7.34 MT in 2024-25, trade sources said citing adequate carry forward stocks and robust crop prospects.

time to read

1 mins

December 20, 2025

Financial Express Hyderabad

Adani gives wings to airport biz with ₹1L-cr investment

ADANI AIRPORTS HOLDINGS (AAHL) plans to invest around ₹1 lakh crore over the next five years across airport infrastructure, terminals and city-side development.

time to read

1 min

December 20, 2025

Financial Express Hyderabad

Delhi govt schools choke, private ones turn to air filters

IN THE NURSERY section of an elite South Delhi school this week, the head of Junior School conferred urgently with a class teacher whose students had left the room for a few minutes at the change of periods.

time to read

2 mins

December 20, 2025

Financial Express Hyderabad

Piramal Finance exits Shriram Life for ₹600 cr

PIRAMAL FINANCE ON Friday said it has decided to sell its entire 14.72 per cent stake in Shriram Life Insurance Companyto South Africa-based Sanlam Group for ₹600 crore.

time to read

1 min

December 20, 2025

Financial Express Hyderabad

Funds for rural roads scheme see gross underutilisation

STATES’ SPENDING CAPACITY LIMITED

time to read

2 mins

December 20, 2025

Financial Express Hyderabad

SAT eases curbs, grants partial relief to Sathe

THE SECURITIES APPELLATE Tribunal (SAT) on Friday granted partial relief to Avadhut Sathe Trading Academy, allowing the entity to withdraw money to meet its routine expenses.

time to read

1 mins

December 20, 2025

Financial Express Hyderabad

Funds grapple with paucity of accredited investors

Sebi panel aims to ease investor accreditation process

time to read

2 mins

December 20, 2025

Financial Express Hyderabad

Advance taxes grow 4.3% in Q3

Apr-Dec direct tax mop-up rises 8% on lower refunds

time to read

1 min

December 20, 2025

Financial Express Hyderabad

'New labour codes a game changer, suited to economy'

THE FOUR NEW labour codes passed by Parliament are a game-changer and well suited to a dynamic economy, Labour and Employment Secretary Vandana Gurnani said on Friday.

time to read

1 min

December 20, 2025

Financial Express Hyderabad

'English would not touch hearts in anti-elite era'

OVER THE YEARS, stand-up comedian Zakir Khan has broken ceilings and defied norms.

time to read

3 mins

December 20, 2025

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