Question

SJVN Ltd. has inked a pact with which company to finance its renewable energy and thermal power projects & to set up 12 gigawatt (Gw) of power generation capacity, predominantly from renewable sources such as solar, wind, and pumped hydro, along with a 660 megawatt thermal power project? 

A REC Ltd Correct Answer Incorrect Answer
B Power Finance Corporation Correct Answer Incorrect Answer
C NTPC Ltd Correct Answer Incorrect Answer
D GAIL Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

Power Finance Corporation (PFC) has inked an MoU with state-owned hydro power firm SJVN Ltd, committing to finance the latter's renewable energy and thermal power projects. The deal is valued at Rs 1.18 trillion and aims to set up 12 gigawatt (Gw) of power generation capacity, predominantly from renewable sources such as solar, wind, and pumped hydro, along with a 660 megawatt thermal power project.

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