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.
a. Rs 6000 crore
b. Rs 5559 crore
c. Rs 600 crore
d. Rs 559 crore
- 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
