Vijayapura emerges as investment magnet with ₹17,000 crore proposals across sectors
Bengaluru: The district of Vijayapura in Karnataka is poised to witness an infusion of industrial activity with investment proposals worth nearly ₹17,000 crore. The state’s Minister for Large and Medium Industries, MB Patil, who also oversees the district as its in-charge minister, shared on his 'X' account, that a number of companies have shown concrete interest in setting up projects across diverse sectors including renewable energy, food processing, beverage production and component manufacturing.
Among the major developments, the Reliance Group’s Campa Cola brand has received formal approval to establish a cold beverages and bottling facility in the Mulawada Industrial Area Phase 2. Spread across 100 acres, the project involves an estimated investment of ₹1,622 crore and is expected to generate around 1,200 direct employment opportunities.
According to a report published by The Hindu, other proposals include a ₹350 crore food grain processing unit by Wings Vitera and a ₹360 crore investment by wind turbine blade manufacturer Suzlon. In addition, plans are underway to set up aviation training institutes in view of the upcoming airport in Vijayapura, with companies such as Melstar expressing interest in the initiative.
Patil indicated that these developments follow a series of investment commitments secured during the recent 'Invest Karnataka-25' Global Investors Meet.
In the renewable energy space, significant proposals have been submitted by ReNew Power, Rsolec and Hexa Climate, collectively amounting to approximately ₹16,700 crore. Alongside, there is notable interest from firms engaged in solar energy, food and beverage production, textiles and sugarcane-based ethanol manufacturing, with other proposals currently under discussion.
Beyond Vijayapura, the Karnataka government has also approved a set of industrial projects in other districts. Zenfold Biosciences has proposed an enzyme production unit in Chamarajanagar with an investment of ₹490 crore, while Astral Coatings will set up a paints and adhesives facility in Vemagal, Kolar, with a proposed outlay of ₹174.99 crore. Wipro Hydraulics is investing ₹499 crore in a copper lamination unit near Devanahalli, Bengaluru Rural.
Vijayapura Set for an Industrial Leap!
— M B Patil (@MBPatil) August 4, 2025
Vijayapura is stepping into a new era of industrial growth with investment proposals worth over ₹17,000 crore across diverse sectors. I'm glad to share that Reliance’s #CampaCola unit at Mulawad has received approval for ₹1,622 crore,… pic.twitter.com/OVu9WnzlLS
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Power tariffs under BESCOM to rise from May 1
Bengaluru (PTI): Power bills for consumers under the Bangalore Electricity Supply Company Limited (BESCOM) will go up from May 1, following an order issued by the Karnataka Electricity Regulatory Commission (KERC) on Friday.
The hike comes after KERC allowed the BESCOM to recover a revenue deficit of Rs 2,068 crore incurred in 2024-25, from the consumers.
As a result, for every unit of electricity consumed in 2024-25, the customers will be charged an additional 56 paise, it said.
"BESCOM shall calculate, for each of the active consumers of FY2024-25 the amount to be recovered based on their actual energy consumption during FY2024-25. Such amount shall be recovered during FY 2026-27 in equal monthly instalments, to be called as 'FY25 True up Charges', commencing from the first meter reading date falling on or after 1 May 2026 and concluding with the reading date ending on 30 April 2027," the order said.
"It is further ordered that BESCOM shall maintain a separate head of account, allocated for the purpose, to record the adjustment of the said amount to ensure full recovery of the deficit," it added.
Similarly Chamundeshwari Electricity Supply Corporation Limited (CESC) has also recorded a revenue deficit of Rs 121.71 crore and can collect an additional 15 paisa per unit for consumption in 2024-25, official sources said.
