- Viability Gap Funding (VGF) Means a grant one-time or deferred, provided to support infrastructure projects that are economically justified but fall short of financial viability.
- The lack of financial viability usually arises from long gestation periods and the inability to increase user charges to commercial levels.
- Government of India has notified a scheme for Viability Gap Funding to infrastructure projects that are to be undertaken through Public Private Partnerships.
- It will be a Plan Scheme to be administered by the Ministry of Finance with suitable budgetary provisions to be made in the Annual Plans on a year-to- year basis.
- What do you mean by capacity of a power plant?
- It is the amount of power that the plant produces every hour that it is operation.
- If a power plan has a capacity of 12 megawatts, this means that it will produce 12 MWh (12000 kWh) every hour that it is operating.