Cabinet approves revised cost of Rs 6,700 crore project for Northeast power project The project was initially approved in December 2014, as a Central sector plan. The Centre will cover the additional Rs 89 crore for capacity building component. | 17 Dec 2020 7:29 AM GMT Kohima: The Cabinet Committee of Economic Affairs (CCEA) which was chaired by Prime Minister Narendra Modi on December 16 had approved the Revised Cost Estimate (RCE) of North Eastern Region Power System Improvement Project (NERPSIP) at an estimated cost of Rs 6,700 crore. This is viewed as a major step towards the economic development of the North Eastern Region through the strengthening of Intra-State Transmission and Distribution systems.