Infosys foundation to contribute Rs 200 crore to Metro work in Bengaluru

Chief Minister H.D. Kumaraswamy said that Infosys Foundation has come forward to pay Rs 200 Crore to BMRCL for the construction of Konappana Agrahara (Electronic City) Metro Station. Both the parties will sign an MoU on July 19.Dr. Sudha Murthy, Chairperson, Infosys Foundation called on Chief Minister and held discussion about the subject at his home Office Krishna today.He appreciated the initiatives of the Infosys Foundation for the betterment of the society and described Dr. Sudha Murthy as an inspiration to other Corporate Companies.Electronic City metro station is part of the RV Road - Bommasandra stretch which is targeted to be ready by 2021. Companies such as Embassy group, Prestige group and Intel has already signed a MoU to fund Rs 100 crore each on the Silk Board - KR Puram section of Outer Ring Road. Biocon CMD Kiran Mazumdar Shaw too had come forward to fund Rs 100 crore towards Hebbagodi Metro station.

from The Economic Times https://ift.tt/2J1Ote7