Infrastructure,Infrastructure sector projects by Ministry of Road Transport and Highways in
Project Information
5659
Ministry of Road Transport and Highways
Empowered Institution has given in-principle approval to five road projects worth Rs 2,778.72 crore, with viability gap funding (VGF) of Rs 555.72 crore.
The projects, in the Public-Private-Partnership mode, include development and operation of Sikar and Bikaner bypass section of NH-11 (under the Ministry of Road Transport and Highways) and 4-laning of Jalna-Ambad-Vadigodri section of State Highway 176 in Maharashtra, the Finance Ministry said in a statement.
Three projects involve Government of Maharashtra, one Government of Karnataka and a project of Government of Madhya Pradesh for Viability Gap Funding of Rs 555.72 crore, the Finance Ministry said in a statement.
VGF is typically provided in competitively bid projects. Under VGF, the central government meets up to 20 per cent of capital cost of a project being implemented in the PPP mode by a Central Ministry, State government, statutory entity or a local body.
Project Value
INR 2770.72 Crore /-
Fund Mobilization Stage
Not Specified
India
Infrastructure,Infrastructure
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