Question

    The Cabinet Committee on Economic Affairs (CCEA) has approved for viability gap funding (VGF) to the state-owned Power Grid Corporation of India (PGCIL) for the construction of the Green Energy Corridor-II (GEC-II) in the Ladakh region at an estimated cost of ________.

    A Rs.15,788.62 crore Correct Answer Incorrect Answer
    B Rs.18,991.33 crore Correct Answer Incorrect Answer
    C Rs 20,773.70 crore Correct Answer Incorrect Answer
    D Rs.25,723.12 crore Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The Cabinet Committee on Economic Affairs (CCEA) has approved for viability gap funding (VGF) to the state-owned Power Grid Corporation of India (PGCIL) for the construction of the Green Energy Corridor-II (GEC-II) in the Ladakh region. The government plans to complete the project by the financial year 2029-30 at an estimated cost of Rs 20,773.70 crore. Central Financial Assistance (CFA) will cover 40 per cent of the project cost, amounting to Rs 8,309.48 crore.

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