NTPC to set up engineering college at Korba

NTPC’s Korba will be setting up an engineering college at Korba in Chattisgarh by spending Rs 10 crore, as a part of its corporate social responsibility initiative. Till date NTPC Korba unit has given a sum of Rs 9 crore for the institute.

The company has posted a fall of 6.77% in its net profit at Rs 2593.44 crore for the quarter ended March 31, 2012 as compared to Rs 2781.84 crore for the same quarter in the previous year. However, total income has increased by 5.20% at Rs 17031.82 crore for quarter under review as compared Rs 16190.41 crore for the quarter ended March 31, 2011

NTPC is the largest power generating major in the country. It has also diversified into hydro power, coal mining, power equipment manufacturing, oil & gas exploration, power trading & distribution.