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Industry & Economy - Water Management


Funding of Cauvery 4th stage

Our Bureau

BANGALORE: The Government was examining the proposal to take up the second phase of Cauvery fourth stage with funding from the Japan Bank for International Cooperation (JBIC). "We felt that tariff offered by Biwater would be economically unviable and that the JBIC funding was cheaper," the Chief Minister, Mr S.M. Krishna, said in the Legislative Assembly. Biwater had offered a final tariff of Rs 24.50 per KL based on June 2000 prices.

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