UPSC Exam > UPSC Questions > Name the new wholly-owned subsidiary company ...
Start Learning for Free
Name the new wholly-owned subsidiary company that was recently (in Feb ’22) set up by NHPC Ltd for the development of renewable energy, small hydro & green hydrogen-based businesses.
- a)NHPC Green Energy Ltd
- b)NHPC Hydrogen Ltd
- c)NHPC Renewable Energy Ltd
- d)NHPC Energy Ltd
- e)NHPC Green Hydrogen Ltd
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Name the new wholly-owned subsidiary company that was recently (in Feb...
Setting up of NHPC Renewable Energy Ltd
NHPC Ltd recently established a new wholly-owned subsidiary company called NHPC Renewable Energy Ltd in February 2022. This move signifies NHPC's commitment to expanding its presence in the renewable energy sector, particularly focusing on small hydro and green hydrogen-based businesses.
Purpose of the Subsidiary
The primary objective of NHPC Renewable Energy Ltd is to drive the development of renewable energy projects, with a specific emphasis on small hydro power plants and green hydrogen initiatives. By creating a separate entity dedicated to these sectors, NHPC aims to streamline its focus and resources towards sustainable and eco-friendly energy solutions.
Focus Areas
1. Renewable Energy: NHPC Renewable Energy Ltd will spearhead the development of renewable energy projects, leveraging clean sources such as solar, wind, and small hydro power.
2. Small Hydro Power: The subsidiary will prioritize the development of small hydro power projects, which play a crucial role in decentralized energy generation and reducing carbon emissions.
3. Green Hydrogen: NHPC Renewable Energy Ltd will also explore opportunities in green hydrogen production, a key element in the transition towards a low-carbon economy.
Strategic Expansion
By establishing NHPC Renewable Energy Ltd, NHPC is strategically positioning itself to capitalize on the growing demand for renewable energy solutions. The subsidiary's dedicated focus on small hydro and green hydrogen businesses aligns with the global shift towards sustainable energy practices and underscores NHPC's commitment to environmental stewardship and innovation.
Conclusion
Overall, the creation of NHPC Renewable Energy Ltd represents a significant step towards enhancing NHPC's capabilities in the renewable energy sector and underscores the company's proactive approach towards embracing green technologies and contributing to a cleaner, greener future.
NHPC Ltd recently established a new wholly-owned subsidiary company called NHPC Renewable Energy Ltd in February 2022. This move signifies NHPC's commitment to expanding its presence in the renewable energy sector, particularly focusing on small hydro and green hydrogen-based businesses.
Purpose of the Subsidiary
The primary objective of NHPC Renewable Energy Ltd is to drive the development of renewable energy projects, with a specific emphasis on small hydro power plants and green hydrogen initiatives. By creating a separate entity dedicated to these sectors, NHPC aims to streamline its focus and resources towards sustainable and eco-friendly energy solutions.
Focus Areas
1. Renewable Energy: NHPC Renewable Energy Ltd will spearhead the development of renewable energy projects, leveraging clean sources such as solar, wind, and small hydro power.
2. Small Hydro Power: The subsidiary will prioritize the development of small hydro power projects, which play a crucial role in decentralized energy generation and reducing carbon emissions.
3. Green Hydrogen: NHPC Renewable Energy Ltd will also explore opportunities in green hydrogen production, a key element in the transition towards a low-carbon economy.
Strategic Expansion
By establishing NHPC Renewable Energy Ltd, NHPC is strategically positioning itself to capitalize on the growing demand for renewable energy solutions. The subsidiary's dedicated focus on small hydro and green hydrogen businesses aligns with the global shift towards sustainable energy practices and underscores NHPC's commitment to environmental stewardship and innovation.
Conclusion
Overall, the creation of NHPC Renewable Energy Ltd represents a significant step towards enhancing NHPC's capabilities in the renewable energy sector and underscores the company's proactive approach towards embracing green technologies and contributing to a cleaner, greener future.
Free Test
FREE
| Start Free Test |
Community Answer
Name the new wholly-owned subsidiary company that was recently (in Feb...
NHPC Limited (Ltd),has set up a new wholly-owned subsidiary company namely ‘NHPC renewable energy limited (NREL)’, for the development of Renewable Energy, Small Hydro and Green Hydrogen based business of NHPC Ltd.
- As per a BSE, the NREL was registered with the Registrar of Companies, National Capital Territory (NCT) of Delhi & Haryana, on 16th February 2022.
- Currently, NHPC’s total installed generation capacity stands at 7071 megawatt (MW) which includes 100 MW of Solar or Wind energy-based plants. Another 5999 MW of Hydro plants and 105 MW of Solar plants are under construction.
Note- In December 2021 The Department of Investment and Public Asset Management and National Institution for Transforming India (NITI) Aayog approved the formation of the separate renewable energy unit.
|
Explore Courses for UPSC exam
|
|
Similar UPSC Doubts
Top Courses for UPSCView all
Name the new wholly-owned subsidiary company that was recently (in Feb ’22) set up by NHPC Ltd for the development of renewable energy, small hydro & green hydrogen-based businesses.a)NHPC Green Energy Ltdb)NHPC Hydrogen Ltdc)NHPC Renewable Energy Ltdd)NHPC Energy Ltde)NHPC Green Hydrogen LtdCorrect answer is option 'C'. Can you explain this answer?
Question Description
Name the new wholly-owned subsidiary company that was recently (in Feb ’22) set up by NHPC Ltd for the development of renewable energy, small hydro & green hydrogen-based businesses.a)NHPC Green Energy Ltdb)NHPC Hydrogen Ltdc)NHPC Renewable Energy Ltdd)NHPC Energy Ltde)NHPC Green Hydrogen LtdCorrect answer is option 'C'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Name the new wholly-owned subsidiary company that was recently (in Feb ’22) set up by NHPC Ltd for the development of renewable energy, small hydro & green hydrogen-based businesses.a)NHPC Green Energy Ltdb)NHPC Hydrogen Ltdc)NHPC Renewable Energy Ltdd)NHPC Energy Ltde)NHPC Green Hydrogen LtdCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Name the new wholly-owned subsidiary company that was recently (in Feb ’22) set up by NHPC Ltd for the development of renewable energy, small hydro & green hydrogen-based businesses.a)NHPC Green Energy Ltdb)NHPC Hydrogen Ltdc)NHPC Renewable Energy Ltdd)NHPC Energy Ltde)NHPC Green Hydrogen LtdCorrect answer is option 'C'. Can you explain this answer?.
Name the new wholly-owned subsidiary company that was recently (in Feb ’22) set up by NHPC Ltd for the development of renewable energy, small hydro & green hydrogen-based businesses.a)NHPC Green Energy Ltdb)NHPC Hydrogen Ltdc)NHPC Renewable Energy Ltdd)NHPC Energy Ltde)NHPC Green Hydrogen LtdCorrect answer is option 'C'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Name the new wholly-owned subsidiary company that was recently (in Feb ’22) set up by NHPC Ltd for the development of renewable energy, small hydro & green hydrogen-based businesses.a)NHPC Green Energy Ltdb)NHPC Hydrogen Ltdc)NHPC Renewable Energy Ltdd)NHPC Energy Ltde)NHPC Green Hydrogen LtdCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Name the new wholly-owned subsidiary company that was recently (in Feb ’22) set up by NHPC Ltd for the development of renewable energy, small hydro & green hydrogen-based businesses.a)NHPC Green Energy Ltdb)NHPC Hydrogen Ltdc)NHPC Renewable Energy Ltdd)NHPC Energy Ltde)NHPC Green Hydrogen LtdCorrect answer is option 'C'. Can you explain this answer?.
Solutions for Name the new wholly-owned subsidiary company that was recently (in Feb ’22) set up by NHPC Ltd for the development of renewable energy, small hydro & green hydrogen-based businesses.a)NHPC Green Energy Ltdb)NHPC Hydrogen Ltdc)NHPC Renewable Energy Ltdd)NHPC Energy Ltde)NHPC Green Hydrogen LtdCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC.
Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of Name the new wholly-owned subsidiary company that was recently (in Feb ’22) set up by NHPC Ltd for the development of renewable energy, small hydro & green hydrogen-based businesses.a)NHPC Green Energy Ltdb)NHPC Hydrogen Ltdc)NHPC Renewable Energy Ltdd)NHPC Energy Ltde)NHPC Green Hydrogen LtdCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Name the new wholly-owned subsidiary company that was recently (in Feb ’22) set up by NHPC Ltd for the development of renewable energy, small hydro & green hydrogen-based businesses.a)NHPC Green Energy Ltdb)NHPC Hydrogen Ltdc)NHPC Renewable Energy Ltdd)NHPC Energy Ltde)NHPC Green Hydrogen LtdCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for Name the new wholly-owned subsidiary company that was recently (in Feb ’22) set up by NHPC Ltd for the development of renewable energy, small hydro & green hydrogen-based businesses.a)NHPC Green Energy Ltdb)NHPC Hydrogen Ltdc)NHPC Renewable Energy Ltdd)NHPC Energy Ltde)NHPC Green Hydrogen LtdCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of Name the new wholly-owned subsidiary company that was recently (in Feb ’22) set up by NHPC Ltd for the development of renewable energy, small hydro & green hydrogen-based businesses.a)NHPC Green Energy Ltdb)NHPC Hydrogen Ltdc)NHPC Renewable Energy Ltdd)NHPC Energy Ltde)NHPC Green Hydrogen LtdCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Name the new wholly-owned subsidiary company that was recently (in Feb ’22) set up by NHPC Ltd for the development of renewable energy, small hydro & green hydrogen-based businesses.a)NHPC Green Energy Ltdb)NHPC Hydrogen Ltdc)NHPC Renewable Energy Ltdd)NHPC Energy Ltde)NHPC Green Hydrogen LtdCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice UPSC tests.
|
|
Explore Courses for UPSC exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup