Empowered Committee Approves PPP Project for Viability Gap Funding of Rs. 1458 Crores

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..... Empowered Committee Approves PPP Project for Viability Gap Funding of Rs. 1458 Crores
News and Press Release
Dated:- 7-5-2013

The Empowered Committee at its Seventeenth Meeting on May 6, .....

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..... 2013, chaired by the Secretary, Department of Economic Affairs, Ministry of Finance, Government of India accorded final approval for viability gap funding of Rs. 1458 crore (12.35 percent of Total Pr .....

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..... oject Cost of Rs. 11,814 crore) under the Viability Gap Funding (VFG) Scheme to the project from Government of Andhra Pradesh for development of Hyderabad Metro Rail on DBFOT (Toll) basis. The Union F .....

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..... inance Minister had earlier granted in-principal approval for VGF support to the project. Details of the project are as follows: S.No. Project Name Length (in kms.) Total Project Cost VGF Sought .....

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..... 1. Hyderabad Metro Rail on DBFOT (Toll) basis Total length: 71.16 km; Total Number of Stations:66; Number of Lines: 3 Rs.11,814 crores Rs. 1458 crores Total 71.16 km Rs. 11,814 crores Rs. 1 .....

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..... 458 crores DSM/RS/ka (Release ID :95762)
News - Press release - PIB .....

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