Bengaluru, Nov 18: Escoms in the state appear to be one of the beneficiaries of the demonetisation of Rs 500 and Rs 1,000 currency notes.

The state government on Thursday fixed compensation rate for the land below the high tension power corridor line and installing electric towers.
An agreement in this regard was reached between farmers and the government at a meeting convened by Shivakumar on Thursday.
Farmers from nine villages around Bengaluru including Kakolu, Shanbhoganahalli among others had approached the high court seeking higher compensation.
As per the agreed rate, the government will give 85% of the market price to 46 metre diameter corridor and 15% of the market value for tower erection.
Work to resume
Pending cases had stalled the work on the 400 kV station at Yelahanka. “We can now start the work on this project,” Shivakumar said, adding that farmers have agreed to withdraw cases.
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