PFC Approves Rs. 3,517 Crore Loan for East Rail Corridor in Chhattisgarh

Chhattisgarh East Railway Limited (CERL)

Power Finance Corporation (PFC) has approved a Rs 3,517 crore loan to Chhattisgarh East Railway Ltd (CERL) for the East Rail Corridor Project, aimed at improving coal transport from regional mines to thermal power plants. The corridor, under construction, is being developed by CERL—a joint venture of SECL, IRCON, and CSIDCL. The funding agreement was signed on 28 March 2025.

Location:  Chhattisgarh

Estimated Value (Rs. Cr): 3517

Sector: Railways

Project Stage: Under Implementation

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