Current Affairs · Government Schemes and Renewable Energy
Consider the following statements regarding the Viability Gap Funding (VGF) scheme approved for offshore wind energy projects: 1. The scheme supports the installation of 1 GW of offshore wind energy projects. 2. The VGF support from the Government covers up to 50% of the total project cost. 3. The scheme is overseen by the Ministry of New and Renewable Energy to make projects economically viable for DISCOMs. Which of the statements given above are correct?
- 11 and 3 only✓
- 21 and 2 only
- 32 only
- 41 only
Correct answer
1 and 3 only
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