Fire at Bangalore Bioinnovation Centre damages properties worth Rs 110 cr: Minister Kharge
Bangalore Bioinnovation Centre (BBC) on Tuesday morning and there were no casualties, Karnataka Minister Priyank Kharge said. The BBC is a Government of Karnataka undertaking which is located at the Electronic City in Bengaluru.
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«The preliminary estimation of loss sustained by startups ranged from Rs 80 crore to Rs 110 crore. The estimated loss to BBC properties was approximately Rs 42 crore. No loss to life,» Kharge's office said in a statement.
The minister who holds the Information Technology and Biotechnology portfolio said the fire mishap occurred on the second floor of the facility which was recently revamped to house more number of startups.
The second floor was completely gutted, while extensive damage was also sustained to first and ground floors due to the interconnected HVAC lines, the Minister's office said.
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