The National Tiger Conservation Authority (NTCA) inked a memorandum of understanding (MoU) with Indian Oil Corporation to relocate cheetahs from Africa to India, under Project Cheetah. as a part of the MoU, the IOC will grant Rs 50.22 crore over four years period, for the project. Currently, the total cost of relocation project is Rs 75 crore.
- Indian Oil will provide funds as a part of its corporate social responsibility (CSR). It will be used to reintroduce cheetah as well as for ecology development, habitat management & protection, veterinary healthcare and staff training.
- Indian Oil has become the first corporate to come forward to support ‘Project Cheetah’ under CSR.
- Project Cheetah is nationally important and is also essential to balance the ecosystem.