Essayer OR - Gratuit
Pinarayi to FM: Give Vizhinjam fund sans repayment condition
The New Indian Express
|November 02, 2024
CHIEF Minister Pinarayi Vijayan has written to Union Finance Minister Nirmala Sitharaman, urging her intervention to release the Centre's share of the viability gap funding (VGF) for the Vizhinjam International Port without the condition that the state must repay it later.
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The state government opposes the Centre's decision to impose a repayment obligation on its share of ₹ 817.8 crore. Earlier, both parties had agreed to pay ₹1,635 crore (40% of the project cost) to Adani Vizhinjam Port Pvt Ltd (AVPPL), the project's concessionaire. However, the new stipulation mandates that the VGF disbursed by the Centre must be repaid by the gov
Cette histoire est tirée de l'édition November 02, 2024 de The New Indian Express.
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