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Govt approved VGF of Rs 5,559 crore Gas Pipeline Project

Published on January 09, 2020
Current context: The Government has approved the Viability Gap Funding (VGF) of Rs 5,559 crore to build Natural Gas Pipeline Grid covering 8 North Eastern states.
Govt approved VGF of Rs 5,559 crore Gas Pipeline Project
  • This is second such funding by the government for gas pipeline project.
  • The North East Gas Grid project is being implemented by Indradhanush Gas Grid Ltd which is a joint venture company of 5 CPSEs (NRL, OIL, ONGC, IOCL and GAIL).
  • The sanctioned VGF amount will cover 60% of the total cost of the project that is Rs 9256 crore.
  • The 1,656-km pipeline will connect Guwahati in Assam to major cities in the region such as Itanagar, Dimapur, Kohima, Imphal, Agartala and Aizawl.
  • The pipeline project will ensure uninterrupted supply of natural gas to industries, domestic consumers and for transport purposes to establish a clean fuel led economy.

Question: 

Q.1 The government of India has recently approved the Viability Gap Funding (VGF) of ____________ to build Natural Gas Pipeline Grid covering 8 North Eastern states? 
a. Rs 6000 crore
b. Rs 5559 crore
c. Rs 600 crore
d. Rs 559 crore
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