Bills chalked out to woo investors
Bills chalked out to woo investors
BANGALORE: Undeterred by the lack of development in the already signed MoUs of Global Investors Meet (GIM- 2010), the state gover..

BANGALORE: Undeterred by the lack of development in the already signed MoU’s of Global Investors Meet (GIM- 2010), the state government has already chalked out many bills to woo investors into Karnataka for GIM- 2012.At an interactive industry meet held on Wednesday in the city, heads of various departments of the government shared their preparedness to accommodate more investors in the upcoming edition.“We are piloting an infrastructure bill which will be chaired by the Chief Secretary,” Rajkumar Khatri, Principal Secretary, Infrastructure said.Adding to this, he said that there would also be programmes on capacity building and informed that over 250 officials had been trained with the knowledge of PPP projects implementation.He added that all 12 departments of the government had developed 189 projects at an estimated cost of `2 lakh crore.Adding to this, Narasimha Raju, Principal Secretary, Energy said that six new projects, capable of producing 7,300 MW, in thermal had been drafted.He said that in non-conventional sector they were currently producing 2,000 MW and an additional 600 MW project was being approved.In solar, he said that they were bringing out a policy to generate 500 MW in solar projects.He added that Rs 75,000 crore worth of conventional and non-conventional energy projects had been drafted for the state and for its ever increasing energy needs.Chief Secretary of Karnataka, SV Ranganath added to this by saying that there would be focus on urban development but clarified that other cities in the state would also be given the same preference.He added that tier II and III cities would also be developed

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