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Consider the following statements regarding ‘Green Day Ahead Market’
  1. It will lead to a gradual shift from Power Purchase Agreement (PPA) based contract to market-based models.
  2. It is launched by Ministry of New and Renewable Energy in association with SEBI
Choose the following statement(s) which are incorrect
  • a)
    1 only 
  • b)
    2 only 
  • c)
    Both 1 and 2 
  • d)
    Neither 1 nor 2
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Consider the following statements regarding ‘Green Day Ahead Mar...
Statement Analysis:
Statement 1
Correct

It will lead to a gradual shift from Power Purchase Agreement (PPA) based contract to market-based models. It also provides competitive price signals to reduce the cost of power
Statement 2
Incorrect

Union Minister of Power & New and Renewable Energy launched the Green Day Ahead Market
Context – Green Day Ahead Market was launched.
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Community Answer
Consider the following statements regarding ‘Green Day Ahead Mar...
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Consider the following statements regarding ‘Green Day Ahead Market’ It will lead to a gradual shift from Power Purchase Agreement (PPA) based contract to market-based models. It is launched by Ministry of New and Renewable Energy in association with SEBIChoose the following statement(s) which are incorrecta)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer?
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Consider the following statements regarding ‘Green Day Ahead Market’ It will lead to a gradual shift from Power Purchase Agreement (PPA) based contract to market-based models. It is launched by Ministry of New and Renewable Energy in association with SEBIChoose the following statement(s) which are incorrecta)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about Consider the following statements regarding ‘Green Day Ahead Market’ It will lead to a gradual shift from Power Purchase Agreement (PPA) based contract to market-based models. It is launched by Ministry of New and Renewable Energy in association with SEBIChoose the following statement(s) which are incorrecta)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding ‘Green Day Ahead Market’ It will lead to a gradual shift from Power Purchase Agreement (PPA) based contract to market-based models. It is launched by Ministry of New and Renewable Energy in association with SEBIChoose the following statement(s) which are incorrecta)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer?.
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