Infosys Foundation gives Rs 30 crore to BMRCL

  • | Saturday | 7th December, 2019

By Express News ServiceBENGALURU: Infosys Foundation chairperson Sudha Murty handed over a cheque of Rs 30 crore to Bangalore Metro Rail Corporation Limited (BMRCL) Chairman Ajay Seth on Friday. This is part of the Rs 100 crore that the foundation is offering to BMRCL for the construction of the Infosys Foundation-Konappana Agrahara Metro station which figures in the RV Road-Bommasandra Line of Phase II. A CSR grant agreement, a naming and maintenance agreement, and a CSR facility agreement were also signed on December 6 by the BMRCL MD and Sudha Murty, the release said. Infosys had released Rs 10 crore in July this year. It plans to release two more instalments of Rs 30 crore each on completion of civil works related to construction of the station as well as the entire station by December 31, 2021.

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