CABINET 2 LAST

Jayachandra said, "We had called for expression of Jayachandra said, "We had called for expression ofinterest for this work, only one company that had come forwardwas BRS Ventures of B R Shetty." Noting that government has no financial commitment in thisproject, he said "B R Shetty is investing in to the projectbecause of the personal attachment that he has towards Jogfalls." According to their project report, they will be investing about Rs 450 crore, he had made this expression evenduring Investors Meet. "In return BRS Ventures has stated that it will fix a nominal entry fee in consultation with the Jog Management Authority who will be the final deciding authority on thisfee fixation, he added. Pointing out that the project will need various clearanceslike forest, environment and others, Jayachandra alsoclarified that it has been clearly told to them that there canbe no deviation from the project report or any changes in thename of the falls. PTI KSU RA RCZMN

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