Viability Gap Funding definition

Viability Gap Funding means the Lumpsum amount quoted by the bidder as a grant/ support sought from the authority to make the project viable.
Viability Gap Funding or "VGF" means the financing provided to eligible infrastructure projects by the Government of Autonomous Island of Grande Comore pursuant to The Guidelines to Support Public Private Partnerships in Infrastructure.
Viability Gap Funding means financial support determined by the urban local body or authorised State Government or Central Government agency to be paid to the concessionaire or operator of a solid waste processing facility based on the output quantity of compost, biogas produced or energy or power generated so as to cover or partly cover the difference between market price of the output and its production cost plus reasonable profit margin;

Examples of Viability Gap Funding in a sentence

  • The provision is for budgetary support for infrastructure projects under Public Private Partnership (PPP) through provision of Viability Gap Funding (VGF).

  • The Government will enhance the quantum of Viability Gap Funding (VGF) upto 30% each of Total Project Cost as VGF by the Centre and State/Statutory Bodies.

  • The total Viability Gap Funding under this scheme shall not exceed twenty percent of the total project cost.

  • For meeting the capital expenditure on construction of silos, the private entrepreneurs would be eligible for Viability Gap Funding (VGF) under the existing VGF scheme which allows grants of up to 20% of capital cost on the basis of competitive bidding.

  • Central financing for this model will be governed by the Viability Gap Funding (VGF) Scheme of Government of India or by any other guidelines issued or revised by Government of India from time to time.


More Definitions of Viability Gap Funding

Viability Gap Funding means a capital grant or subsidy or equity from the Central or State Governments to render a Public Private Partnership (PPP) project financially viable and bankable.
Viability Gap Funding or "VGF" has the meaning given in Article 29.
Viability Gap Funding. VGF”)’ shall mean the financial support provided to the Selected Airline Operator for operation of RCS SAS Flight(s) from the Regional Connectivity Fund or any other source as may be determined by the Proposing State(s) or Implementing Agency pursuant to this Scheme.
Viability Gap Funding means a payment to a PPP arrangement whether by way of loan, grant, equity or other financial instrument to promote the financial capability of a PPP arrangement.
Viability Gap Funding means funds provided by the Government in shape of subsidy (operational or capital) to the institution or the private party to make a project financially viable which is unviable due to constraints in charging Cost Recovery Tariffs 4. PPP Project Life Cycle and Project Feasibility Guidelines PPP project life cycle is comprised of four phases with each phase having its own set of tasks, requirements and timeframes. The four phases are; • Phase I – Inception• Phase II – Feasibility StudyPhase III – Procurement• Phase IV – Development, Delivery and Exit The two tasks identified in these guidelines fall in Phase-II of the PPP project life cycle. These project preparation/feasibility guidelines enable a project to move to the next two phases (Procurement, Development, Delivery and Exit) ofthe project lifecycle. A complete diagram of the PPP life cycle with all its four phases is given in Annexure-A. 5. Project Pre-Feasibility Study Process The transaction advisor will conduct a pre-feasibility study for each project. This pre-feasibility study is a short, focused and a low cost assessment of a projects’ viability. The intention of pre-feasibility is to define the project, and to collate information necessary for the institution and IPDF to develop a project concept based on engineering design concept, technical and financial challenges of implementation, and expected project outcomes and impacts. For work relating to environment and social assessment refer to Environmental Guidelines for PPP projects. Specifically, the pre-feasibility analysis will:
Viability Gap Funding means the funding from the Viability Gap Fund to the Concessionaire, as approved under the PPP Act, in respect of a PPP Project.
Viability Gap Funding means the funding from the Viability Gap Fund to the Concessionaire, intermittently or in lump sum, as the case may be, upon fulfilment of the VGF Disbursement Conditions in respect of a PPP Project.