CURRENT AFFAIRS

2020

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

NTPC signs the MoU with which organisation to seek investment opportunities in areas like renewable energy, power distribution and other areas of mutual interest in India?

A	CSIR
B	ISRO
C	NIIF
D	DRDO

Explanation:

Detailed explanation-1: -"NTPC Ltd. and Indian Oil signed a memorandum of understanding (MoU) to collaborate in the field of renewable energy and mutually explore opportunities for supply of low carbon/RE RTC (round the clock) captive power, ” it said.

Detailed explanation-2: -NTPC Green Energy Ltd. has signed an agreement with Hindustan Petroleum Corporation Ltd. for the development of renewable energy-based power projects. Under the agreement, NTPC said its renewable energy arm-NGEL-will also supply 400 MW round-the-clock to HPCL.

Detailed explanation-3: -To diversify across the power value chain in India by considering backward and forward integration into areas such as power trading, transmission, distribution, coal mining, coal beneficiation, etc. To develop a portfolio of generation assets in international markets.

Detailed explanation-4: -Established in 1975, NTPC aims to be the world’s largest and best power major. NTPC has comprehensive Rehabilitation & Resettlement and CSR policies well integrated with its core business of setting up power projects and generating electricity.

There is 1 question to complete.