Cabinet approves Rs 1,700 crore more for northeast power project
The Cabinet Committee on Economic Affairs, on Wednesday, approved the revised cost estimate of Rs 6,700 crore for the north eastern region power system improvement project (NERPSIP) which aims to augment power transmission and distribution systems in the area.
The project was sanctioned by the government in December, 2014, with the initial cost estimate of Rs 5,111.3 crore, and is funded by the Centre and the World Bank on a 50:50 basis.
