Which of the following Indias bank will provide US 1.49 billion dollars for India construct coal fired power plant in Bangladesh

2016

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Which of the following India’s bank will provide US 1.49 billion dollars for India construct coal fired power plant in Bangladesh

A	ICICI Bank
B	Yes Bank
C	Axis Bank
D	Exim Bank

Explanation:

Detailed explanation-1: -The construction report followed the Ex-Im Bank of India confirming its US$1.6bn loan for the plant.

Detailed explanation-2: -Lignite is used in thermal power stations since it is of lower grade and contains less percentage of carbon.

Detailed explanation-3: -Vindhyachal Thermal Power Station, Madhya Pradesh. The Vindhyachal Thermal Power Station in the Singrauli district of Madhya Pradesh, with an installed capacity of 4, 760MW, is currently the biggest thermal power plant in India. It is a coal-based power plant owned and operated by NTPC.

Detailed explanation-4: -The Koyna Hydroelectric Project is the largest hydroelectric power plant in India. It is a complex project with four dams including the largest dam on the Koyna River, Maharashtra hence the name Koyna Hydroelectric Project.

Detailed explanation-5: -Capacity. The planned capacity of the power plant in 1320 MW (2x660 MW). Unit-1 with capacity to generate 660MW, is scheduled to be commissioned in Oct’22.

There is 1 question to complete.