New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which renewable energy company signs MoU to invest Rs

    50,000 cr in 7 years in Karnataka?
    A Re New Power Correct Answer Incorrect Answer
    B Energy Power Correct Answer Incorrect Answer
    C View New Power Correct Answer Incorrect Answer
    D Refer New Power Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Re New Power signed a Memorandum of Understanding (MoU) with the Karnataka government at the World Economic Forum meet in Davos, to invest Rs 50,000 crore in the state over the next seven years. Re New Power intends to set up production units in Renewable Energy, Battery Storage and Green Hydrogen with potential to create employment opportunities for 30,000 people.

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