PFC Invests $₹6,680 Cr. in Key Coal Rail Corridor

Power Finance Corporation (PFC), a Maharatna PSU and India’s largest non-banking financial company (NBFC), has sanctioned a term loan of ₹6,680.70 crore to Chhattisgarh East West Railway Ltd. (CEWRL).

This significant funding will support the East-West Rail Corridor Project in Chhattisgarh—an essential infrastructure initiative designed to enhance the nation’s coal transportation network. The corridor aims to boost logistics efficiency by enabling faster, more cost-effective coal movement, thereby playing a crucial role in meeting India's rising energy demands.

The loan agreement was formally signed on September 26, 2025, at PFC’s headquarters, marking a key milestone in the project's progress.

With this financial support, CEWRL is well-positioned to expedite the construction and completion of the corridor, which is instrumental in streamlining coal supply chains—from the coal-rich eastern regions to power and industrial hubs in the west.

PFC’s involvement underscores its ongoing commitment to financing critical infrastructure that underpins national development and strengthens India’s energy security.

News by Rahul Yellugetti.