EI approves VGF support for two PPP projects of Rajasthan

EI approves VGF support for two PPP projects of Rajasthan
18/05/2016 09:24
The Empowered Institution (EI), under the Government of India’s Scheme for Financial Support to Public Private Partnerships (PPPs) in Infrastructure, on Monday approved Viability Gap Funding (VGF) support to two projects of the Government of Rajasthan, according to an official statement.
The meeting was chaired by the additional secretary (investment), department of economic affairs, ministry of finance.
One project, in the road sector for development and operation of Chomu Chandwaji - Highways Project, was granted in-Principle approval while the other project, in the Power Sector, granted final approval of the VGF support, was for the development of the 400 kV Bikaner-Sikar Transmission Line Project .