New Delhi, March 5 -- Indian Railway Finance Corporation, a financial institution under the ministry of railways, is looking to fund public and private infrastructure projects to expand its business that has been focused on mobilizing and funding projects of the Indian Railways.

The state-owned non-bank financial institution (NBFC), which has now been awarded the Navratna status, is looking at expanding into sectors with strong forward and backward linkages to railways, such as power generation and transmission, mining, fuel, coal, warehousing, telecom, and hospitality, Manoj Kumar Dubey, chief executive and CMD of IRFC said.

IRFC is also exploring opportunities to fund rolling stock requirements for Indian Railways customers, container...