VGF definition

VGF means the Viability Gap Funding amount specified in Article 2.1 of this Agreement;
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.
VGF means viability gap funding to be provided by the Authority to the Selected Airline Operator in accordance with the Scheme and this Agreement;]

Examples of VGF in a sentence

  • In the event of such waiver, 2nd and 3rd VGF claim will be shifted by up to 3 months timeframe.

  • However, one time waiver up to first three months may be provided to the unit from commencement of operation in calculating average employment towards 1st VGF claim.

  • If the unit doesn't claim the 10% advance, then the Bid Security deposited by the unit will be retained as Performance Security and will be released after completion of 3 years from commencement of operation (excluding the period of VGF claim and disbursement).

  • However, Bidder should not quote more than 20% of the total project cost as Viability gap Funding (VGF).

  • Concessionaire has to return the VGF amount within a period of 3 years from the date of operation of ARHCs along with applicable interest rates.

  • The successful bidder needs to submit proof of expenditure at the time of claiming VGF.

  • SECI is designated as the nodal agency for implementation of MNRE schemes for developing grid connected solar power capacity through VGF mode in the country.

  • However, disbursements towards these special incentive(s) would be adjusted in final VGF disbursement, if the overall eligibility condition changes from the condition at which the special incentive(s) were disbursed.

  • We shall ensure that the PPA and VGF Securitization Agreement are executed as per the provisions of the RfS, provisions of PPA and provisions of VGF securitization agreement shall be binding on us.

  • It entails purchase of power from developers at a fixed tariff of Rs.5.45/unit (Rs.4.75/unit in case benefit of Accelerated Depreciation is availed) and payment of VGF to the developers as per their bids, limited to a maximum of Rs.2.5 crore/MW.


More Definitions of VGF

VGF. – means Viability Gap Funding.
VGF has the meaning given in Article 29.2.
VGF means the viability gap fund established by the Finance Department of the Government under Section 19 of the PPP Act.

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