CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
IREDA has signed a MoU with which company for providing its technical expertise for developing renewable energy projects?
A
NHPC
B
NTPC
C
BHEL
D
GAIL
Explanation: 

Detailed explanation-1: -(IREDA) today signed a Memorandum of Understanding (MoU) with North Eastern Electric Power Corporation Limited (NEEPCO) for providing its techno-financial expertise in developing Renewable Energy projects and fund raising.

Detailed explanation-2: -Detailed Solution. The correct answer is Goa Shipyard Limited. Indian Renewable Energy Development Agency Ltd. (IREDA) signed the MoU, in Jan 2022, to provide its techno-financial expertise to set up a rooftop solar power project.

Detailed explanation-3: -Indian Renewable Energy Development Agency Ltd. (IREDA) signed a Memorandum of Understanding (MoU) with Ministry of New and Renewable Energy (MNRE), Government of India, setting annual performance target for the year 2021-22.

Detailed explanation-4: -Indian Renewable Energy Development Agency Limited (IREDA) was established on 11th March, 1987 as a Public limited Government Company under the Companies Act, 1956 and it promotes, develops and extends financial assistance for Renewable Energy and Energy Efficiency/Conservation Projects.

Detailed explanation-5: -The Ministry of New and Renewable Energy (MNRE) is mainly responsible for research and development, intellectual property protection, and international cooperation, promotion, and coordination in renewable energy sources such as wind power, small hydro, biogas, and solar power.

There is 1 question to complete.