Sampath KumarFive firms sign up to rejuvenate waterbodies; officials to explore more investment optionsThere may be hope yet for the city’s dying lakes, with five corporate firms coming forward to fund the rejuvenation of five different lakes. The newly formed Karnataka Lake Conservation and Development Authority (KLCDA), which in its earlier avatar as Lake Development Authority had got into the soup for leasing out four lakes, had pitched for contributions from the corporate sector to conserve and rejuvenate lakes. KLCDA, which will be the custodian of the lakes, will henceforth be the single-window clearance agency for communities, corporates and NGOs to work for the city’s lakes. NEW BEGINNING:Among the five firms that have signed up is Biocon Ltd., which will work to rejuvenate Hebbagodi lake.— File Photo: G.P. On Monday, the Forest Department, the Bruhat Bengaluru Mahanagara Palike and the Bangalore Development Authority made presentations on rejuvenation works under way and those yet to be taken up, seeking funds for projects.

Source: The Hindu June 14, 2016 00:03 UTC