The Kerala government has agreed to increase the total authorised share capital of the Konkan Railway Corporation (KRC) from Rs 48.86 billion to Rs 84.86 billion. It has also decided to allocate Rs 2.16 billion as the state’s contribution towards the additional equity. KRC has also decided to undertake the doubling and electrification of the existing route to increase rail traffic and the operational efficiency of the Konkan route.
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