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Home » News » India Plans Viability Gap Funding for Initial 1 GW of Offshore Wind Power Capacity
Finance

India Plans Viability Gap Funding for Initial 1 GW of Offshore Wind Power Capacity

By Michelle AdkinsFebruary 4, 20242 Mins Read
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India's government, through Finance Minister Nirmala Sitharaman, announced its intention to provide viability gap funding (VGF) for an initial 1 GW of offshore wind power capacity. The announcement was part of the presentation of the Interim Union Budget for the fiscal year 2024/25. However, specific details regarding the VGF were not provided. Last August, India's

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