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Cabinet nod to revised estimate for Northeast power project The project was initially approved in December 2014, as a Central sector plan scheme of the Power Ministry, and is partially funded by the World Bank. The Centre will cover the capacity building component for an additional Rs 89 crore. December 17, 2020 6:25:15 am The PPAs are in focus as the state government is in the process of finalising a White Paper on the power scenario. The Cabinet Committee on Economic Affairs Wednesday approved the revised cost estimate of Rs 6,700 crore for the North Eastern Region Power System Improvement Project (NERPSIP) a project which the government said was “a major step towards economic development” of the region through “strengthening of intrastate transmission and distribution systems”. ....