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Rs 5,500 crore granted to the North-East gas grid project

Published On 17 Oct 2019 12:27 PM


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Latest reports suggest the government of India is providing a Viability Gap Funding (VGF) of Rs 5,500 crore to the North-East gas grid.

News sources allege the Prime Minister’s Office has agreed to the proposal of the oil ministry to extend 60% of budgetary support to the allegedly Rs 9200 crore gas grid project of North East India.  Official sources reveal the proposal would be soon sent to the Cabinet.

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Tags : North-East gas grid, Viability Gap Funding (VGF), ONGC GAIL and Oil India.,
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