{"id":309642,"date":"2020-01-09T11:20:14","date_gmt":"2020-01-09T05:50:14","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=309642"},"modified":"2020-01-09T11:37:52","modified_gmt":"2020-01-09T06:07:52","slug":"ccea-approves-%e2%82%b95559-cr-vgf-for-north-east-gas-grid-project","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ccea-approves-%e2%82%b95559-cr-vgf-for-north-east-gas-grid-project\/","title":{"rendered":"CCEA approves \u20b95,559-cr VGF for North-East gas grid project"},"content":{"rendered":"<p>The Cabinet Committee on Economic Affairs has approved a Capital Grant as the Viability Gap Funding to Indradhanush Gas Grid Ltd for setting up the North East Natural Gas Pipeline Grid. <\/p>\n<p>This viability gap funding would be capped at 60 per cent of the estimated cost of \u20b99,265 crore (including interest during construction) for the project. \u201cThe quantum of VGF would be capped at 60 per cent of the estimated project cost and would not be linked with upward capital cost variation,\u201d an official statement said. <\/p>\n<p>\u201cA total of \u20b95,559 crore has been earmarked as VGF. As per the plan, a 1,656-km gas pipeline grid would connect the eight states of the North-Eastern region, namely, Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura,\u201d Minister for Petroleum and Natural Gas, Dharmendra Pradhan said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Cabinet Committee on Economic Affairs has approved a Capital Grant as the Viability Gap Funding to Indradhanush Gas Grid Ltd for setting up the North East Natural Gas Pipeline Grid. This viability gap funding would be capped at 60 per cent of the estimated cost of \u20b99,265 crore (including interest during construction) for the project. \u201cThe quantum of VGF would be capped at 60 per cent of the estimated project cost and would not be linked with upward capital cost variation,\u201d an official statement said. \u201cA total of \u20b95,559 crore has been earmarked as VGF. As per the plan, [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-309642","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/309642","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=309642"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/309642\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=309642"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=309642"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=309642"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}