Jharkhand, 27th September 2025: Indian Railway Finance Corporation (IRFC) has extended loan assistance of ₹3,388.51 crore to Patratu Vidyut Utpadan Nigam Limited (PVUNL), a subsidiary of NTPC Limited, for the development of the Banhardih Coal Block in Latehar district, Jharkhand.

The loan agreement was signed today at PVUNL’s office in Patratu by Shri Shwet Ketu Mishra, Chief General Manager, IRFC and Shri Ashok Kumar Sehgal, Chief Executive Officer, PVUNL. Established in 1986 as the dedicated financing arm of the Ministry of Railways, IRFC has played a pivotal role in strengthening India’s rail infrastructure by mobilising resources at competitive rates.

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