CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
With which company, Indraprastha Gas Limited (IGL) signed a MoU to set up integrated customer services and optimize value for customers.
A
Reliance Power
B
Adani Power
C
Tata Power
D
Suzlon
Explanation: 

Detailed explanation-1: -There are three promoters of IGL, namely GAIL, BPCL and the Government of the National Capital Territory of Delhi. GAIL (22.5%), BPCL (22.5%) and the government of Delhi (5%) together hold a 50% stake in the company.

Detailed explanation-2: -With the backing of strong promoters – GAIL (India) Ltd. and Bharat Petroleum Corporation Ltd. (BPCL) – IGL plans to provide natural gas in the entire capital region. To provide safe, convenient and reliable natural gas supply to it’s customers in the domestic and commercial sectors.

Detailed explanation-3: -Meenakshi Lekhi, Hon’ble Member of Parliament, Dr. Bhure Lal, Chairman, EPCA, Shri B.C. Tripathi, CMD, GAIL (India) Ltd., Shri Ashutosh Jindal, Joint Secretary, Ministry Of Petroleum & Natural Gas, Shri E.S. Ranganathan, Managing Director, Indraprastha Gas Limited (IGL), officials and media persons.

Detailed explanation-4: -It is a Joint-Venture of GAIL, Bharat Petroleum, and the Government of Delhi to implement the City Gas Distribution Network.

There is 1 question to complete.