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 ________.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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