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With reference to the Renewable Energy, consider the following statements:
1. Indian Renewable Energy Development Agency Limited (IREDA) signed a Memorandum of Understanding with NHPC Limited for providing its technical expertise in developing renewable energy projects.
2. IREDA is under administrative control of Ministry of Power.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
With reference to the Renewable Energy, consider the following stateme...
Indian Renewable Energy Development Agency Limited (IREDA) signed a Memorandum of Understanding with NHPC Limited for providing its technical expertise in developing renewable energy projects.
  • Under the MoU, IREDA will undertake Techno-Financial due diligence of Renewable Energy and Energy Efficiency and conservation projects for NHPC.
  • IREDA will assist NHPC in developing an action plan to create and acquire Renewable Energy projects for the next five years.
  • IREDA is under administrative control of Ministry of New and Renewable Energy. NHPC Limited is the PSU under Ministry of Power.
Hence only statement 1 is correct.
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Most Upvoted Answer
With reference to the Renewable Energy, consider the following stateme...
Indian Renewable Energy Development Agency Limited (IREDA) signed a Memorandum of Understanding with NHPC Limited for providing its technical expertise in developing renewable energy projects.
  • Under the MoU, IREDA will undertake Techno-Financial due diligence of Renewable Energy and Energy Efficiency and conservation projects for NHPC.
  • IREDA will assist NHPC in developing an action plan to create and acquire Renewable Energy projects for the next five years.
  • IREDA is under administrative control of Ministry of New and Renewable Energy. NHPC Limited is the PSU under Ministry of Power.
Hence only statement 1 is correct.
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With reference to the Renewable Energy, consider the following statements:1. Indian Renewable Energy Development Agency Limited (IREDA) signed a Memorandum of Understanding with NHPC Limited for providing its technical expertise in developing renewable energy projects.2. IREDA is under administrative control of Ministry of Power.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?
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With reference to the Renewable Energy, consider the following statements:1. Indian Renewable Energy Development Agency Limited (IREDA) signed a Memorandum of Understanding with NHPC Limited for providing its technical expertise in developing renewable energy projects.2. IREDA is under administrative control of Ministry of Power.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to the Renewable Energy, consider the following statements:1. Indian Renewable Energy Development Agency Limited (IREDA) signed a Memorandum of Understanding with NHPC Limited for providing its technical expertise in developing renewable energy projects.2. IREDA is under administrative control of Ministry of Power.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the Renewable Energy, consider the following statements:1. Indian Renewable Energy Development Agency Limited (IREDA) signed a Memorandum of Understanding with NHPC Limited for providing its technical expertise in developing renewable energy projects.2. IREDA is under administrative control of Ministry of Power.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?.
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