-10.20 (-2.87%) NTPC has signed an agreement with South Western Railway for doubling of the Hotgi-Kudgi section under the Customer Funding Concession scheme. The company has agreed to finance the cost of doubling of the 134-km section and has deposited Rs 946 crore with the South Western Railway. The section consists of 10 block stations, 8 major bridges and 2 important bridges.
NTPC is an Indian central Public Sector Undertaking (PSU) under the Ministry of Power, Government of India, engaged in the business of generation of electricity and allied activities. The company also undertakes consultancy and turnkey project contracts that involve engineering, project management, construction management and operation and management of power plants.