<p>The Infosys Foundation, which had entered into an agreement to fund the Konappana Agrahara Metro Station in Reach 5 (RV Road-Bommasandra) line, has come forward to carry out work on the superstructure and interior of the station.</p>.<p>In a release on Friday, the BMRCL said the foundation — the philanthropic and CSR arm of Infosys — released the second tranche of funds. Additionally, the foundation has agreed to maintain the station for 30 years.</p>.<p>“As per the Memorandum of Understanding, Rs 100 crore was agreed to be paid by the Infosys Foundation in four instalments, of which<br />Rs 10 crore was released in July 2018 and Rs 30 crore was released today (Friday),” the release said.</p>.<p>The foundation will release Rs 60 crore in two instalments by December 31, 2021, which is also the targeted completion date for RV Road-Bommasandra line, the BMRCL said.</p>
<p>The Infosys Foundation, which had entered into an agreement to fund the Konappana Agrahara Metro Station in Reach 5 (RV Road-Bommasandra) line, has come forward to carry out work on the superstructure and interior of the station.</p>.<p>In a release on Friday, the BMRCL said the foundation — the philanthropic and CSR arm of Infosys — released the second tranche of funds. Additionally, the foundation has agreed to maintain the station for 30 years.</p>.<p>“As per the Memorandum of Understanding, Rs 100 crore was agreed to be paid by the Infosys Foundation in four instalments, of which<br />Rs 10 crore was released in July 2018 and Rs 30 crore was released today (Friday),” the release said.</p>.<p>The foundation will release Rs 60 crore in two instalments by December 31, 2021, which is also the targeted completion date for RV Road-Bommasandra line, the BMRCL said.</p>