Cabinet approves Viability Gap Funding (VGF) scheme for implementation of Offshore Wind Energy Projects

June 19th, 09:11 pm

The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, today approved the Viability Gap Funding (VGF) scheme for offshore wind energy projects at a total outlay of Rs.7453 crore, including an outlay of Rs.6853 crore for installation and commissioning of 1 GW of offshore wind energy projects (500 MW each off the coast of Gujarat and Tamil Nadu), and grant of Rs.600 crore for upgradation of two ports to meet logistics requirements for offshore wind energy projects.

Cabinet approves Continuation and Revamping of the Scheme for Financial Support to Public Private Partnerships in Infrastructure Viability Gap Funding VGF Scheme

November 11th, 04:07 pm

The Cabinet Committee on Economic Affairs chaired by Prime Minister Shri Narendra Modi has approvedContinuation and Revamping of the Scheme for Financial Support to Public Private Partnerships (PPPs) in Infrastructure Viability Gap Funding (VGF) Schemetill 2024-25 with a total outlay of Rs. 8,100 cr.