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Will give Rs 1.1K crore, but explain why: BMC to BEST

<p>The BMC has convened a meeting next week to discuss allocation of funds to BEST</p>

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BEST accumulated losses up to Rs 2,410 crore in 2016-17

Three days after mid-day reported about the financial rut Brihanmumbai Electricity Supply and Transport (BEST) Undertaking is in, the Brihanmumbai Municipal Corporation (BMC) has said it is looking at offering Rs 1,100 crore to the sister concern, but only after BEST provides a detailed plan of how it would be utilised.

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