CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which Indian company has joined hands with the ‘Africa50’ investment platform to develop the ‘Kenya Transmission Project’?
A
Power Grid Corporation
B
ONGC
C
Power Finance Corporation
D
Rural Electrification Corporation
Explanation: 

Detailed explanation-1: -Q. Which Indian company has joined hands with ‘Africa50’ investment platform to develop ‘Kenya Transmission Project’? Notes: Power Grid Corporation of India Ltd has signed a joint development agreement with Africa50, to continue to develop the Kenya Transmission Project on a public-private partnership basis.

Detailed explanation-2: -The correct answer is Africa50. Power Grid Corporation of India Ltd has signed a joint development agreement with Africa50, a pan-African infrastructure investment platform. It has been signed to develop the Kenya Transmission Project on a public-private partnership basis.

Detailed explanation-3: -Africa50-Project Finance The Kenya Transmission PPP project entails the development, financing, construction, and operation of the 400kV Lessos – Loosuk and 220kV Kisumu – Musaga transmission lines under a public-private partnership (PPP) framework.

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