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A fire broke out in NRT Tech park mangalagiri on sunday afternoon.The fire spread to first and second floors before the arrival of fire tenders.Assistant district fire officer Venkateswara rao said that although the cause of fire is yet to be ascertained, they suspect it to be a short circuit.

“Although there were fire fighting equipment in the building, they were not enough. It was a newly-constructed building and certain facilities are yet to be installed,” Rao told TOI. He further said, that two IT companies have their offices in the first and second floor and “All the furniture, computers were destroyed.” “We have incurred a loss of around Rs 15 to 20 lakh,” said Srinivas Naidu, the founder of Charvikent ITES Pvt Ltd while addressing the reporters later in the day. Overall, the loss is expected to be around Rs 40 lakh. Meanwhile, Mangalagiri police have registered a case of accidental fire.

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