“The
Public Private Project Appraisal Committee (PPPAC) and the Empowered Committee
both chaired by Economic Affairs Secretary cleared 6 road projects and 1 ports
sector project with estimated project cost totalling Rs 9,672.12 crore,” a
finance ministry statement said on Wednesday.
Economic Affairs Secretary Shaktikanta Das tweeted: “Quick
clearances given”.
These include 4 National Highway projects, one each in the state
of Maharashtra and Himachal Pradesh and two projects in the state of Uttar
Pradesh and one port sector project in the state of Goa cleared by the PPPAC.
Besides, the two road projects in Uttar Pradesh have been
cleared for Viability Gap Funding VGF).
Under the VGF government support is provided to the
infrastructure projects to make them viable and bankable.
The meeting of the PPPAC was held on Tuesday.
Agencies
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