The Union Cabinet Wednesday approved a viability gap funding (VGF) scheme of ₹8,500 crore for coal gasification projects for public and private sector companies.
The VGF will be given in three categories. One, for three projects of government-owned companies, for which a grant of₹ 4,050 crore will be given. In the second segment, bids will be invited from both public and private companies for ₹3,850 crore VGF.
