CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which company has entered into an agreement to supply renewable energy Power to the armed forces?
A
Adani green energy Ltd
B
TATA power
C
Suzlon energy
D
NTPC Ltd
Explanation: 

Detailed explanation-1: -NTPC Ltd, India’s largest integrated energy company has entered into an agreement to supply Renewable Energy Power to the armed forces (Military Engineering Services). This is the first ever agreement by the Indian armed forces for sourcing power from Renewable Energy sources.

Detailed explanation-2: -Tata Power Solar and operates in both rural and urban areas. Tata Power has a capacity of 12.8 GW, of which 3.9 GW is currently from clean energy, and it aims to make 80% of its total power coming from clean energy by 2030. It had total income of Rs. 8,580.55 crore (US$ 1.09 billion) in FY22.

Detailed explanation-3: -Tata Power Solar Systems ranks atop the renewable energy companies in India. This company operates primarily in the wind and solar sector. It is also the recipient of several international recognitions. Founded in 2011, this company is a leading producer of biogas in the country.

Detailed explanation-4: -Adani Green Energy Ltd 3,38,515 cr., the highest amongst the list of top 5 green energy stocks. The company has a renewable energy portfolio of  20,434 MW. Adani Green Energy Ltd is the only company on this list that has wind, solar, and hybrid power as its product offering.

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