2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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31%
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41%
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51%
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61%
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Detailed explanation-1: -"Tata Power has today acquired 51 per cent equity stake in TPCODL at a consideration of Rs 178.5 crore, ” a Tata Power statement said. According to the statement, GRIDCO will hold the rest 49 per cent stake in TPCODL.
Detailed explanation-2: -TP Central Odisha Distribution Limited (TPCODL) is a joint venture between Tata Power and the Government of Odisha with the majority stake being held by Tata Power Company (51%).
Detailed explanation-3: -Spread over 30, 000 km2, CESU has five electrical circles consisting of the areas of Bhubaneswar (Electrical Circle - I and II), Cuttack, Paradip and Dhenkanal with a population of over 1.4 crore and consumer base of 2.5 million.
Detailed explanation-4: -MUMBAI: Tata Power and ICICI Venture-promoted Resurgent Power will take control of South East UP Power Transmission Company after offering over Rs 3, 200 crore to the creditors of the bankrupt asset.
Detailed explanation-5: -Gajanan S. Kale - Chief Executive Officer - TPWODL | LinkedIn.