CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
This country partners with Reliance Power for gas based power plant.
A
Indonesia
B
Nepal
C
Bhutan
D
Bangladesh
Explanation: 

Detailed explanation-1: -The government of Bangladesh on Sunday signed an agreement with Reliance Power of India to set up 750 MW gas-based power plant in Meghnahat near Dhaka.

Detailed explanation-2: -The project is still under construction. As of the end of December 2021, an overall progress of 74.3% had been achieved by the EPC Contractor, Samsung C&T Corporation, which is 2.5% behind the planned progress of 76.8% as per the schedule of the Project.

Detailed explanation-3: -In a block deal executed on 3rd September 2022, Blackrock fund has bought stake in this bear-hit Reliance Power. However, after the outbreak of this stock market news, Reliance Power share price has been continuously rising for last two sessions.

Detailed explanation-4: -Reliance Power Limited (R-Power), formerly Reliance Energy Generation Limited (REGL) is a part of the Reliance Anil Dhirubhai Ambani Group.

There is 1 question to complete.