The participating carriers will be provided a certain amount of Viability Gap Funding
(VGF) -- an amount shared between the Centre and the states concerned with at least half of the seats in UDAN flights offered at subsidised fares.
World Bank is also willing to partner NHAI for reviewing PPP projects (BOT-Annuity and viability gap funding
based) and provide technical, financial and legal inputs to identify projects amenable for utilising bank lending support.
It is expected that the state government would provide 40 per cent as viability gap funding
to the preferred bidder while the remaining 60 per cent would be borne by the state government and the selected firm.
The Cabinet's economic committee also approved a plan to set up 2,000 mw grid-connected solar capacity this year with viability gap funding
under Phase-II of the Jawaharlal Nehru National Solar Mission.
The government needs to work on a large scale communications programme with the following objectives: dispel myths about the dearth in infrastructure financing, educate the corporates about the benefits of existing schemes such as viability gap funding
, tax holidays and incentives on return of capital.
Tenders are invited for Up gradation and Modernization of existing Pumping Assets and Improving Operating Efficiency Leading to Improved Discharge with Reduced Energy Cost in respect of Cauvery Water Supply Scheme Stage I II III Nine 9 Pumping Stations Viability Gap Funding
The plan was to dovetail with other resources such as soft loans grants viability gap funding
and CSR contribution.
Besides, state governments and urban local bodies are also expected to chip in for the viability gap funding
and most of them are cash- strapped.
To encourage private sector participation in slum redevelopment, Central government assistance can be used by the states and cities towards viability gap funding
The point is we are going for very large infrastructure projects where the viability gap funding
is very huge.
067) combined with viability gap funding
(VGF) of INR4.
The Committee suggested two measures to address the concern-- critical viability gap funding
, and adoption of low- cost models ' so that airlines can utilise their services more efficiently and cost effectively'