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Karnataka signs MoUs with 5 cos

Our Bureau

BANGALORE, June 5

KARNATAKA kicked off its investment quest by signing MoUs with five companies during the Global Investors' Meet here on Monday.

These are among the seven proposals received so far for wiring up the State's districts and villages and are estimated to bring in investments of Rs. 2,000 crores. These will enable adequate bandwidth for e-governance, e-education and e-commerce which th e new Mahiti (IT) policy aims to promote.

The IT Secretary, Mr. Vivek Kulkarni and the Director, Industries Department, Mr. V.P. Baligar, signed the MoUs with senior officials from Reliance Industries, Enron India, Zee Telefilms, BPL and Tata BP Solar.

All these companies have proposed to lay optical fibre cable lines that will provide the much-needed high speed, high bandwidth telecom networks in the State.

Besides its north-south cable line. Enron India is also setting up data centres in Bangalore which will be connected to the international gateway at Mumbai. The entire project will have an investment of Rs. 600 crores.

BPL Broadwidth Network is planning a 242-km line in Bangalore to start with and to be extended to 5,500 km at a total investment of Rs. 400 crores.