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

    Question

    What is the primary goal of Tata Power’s $4.25 billion

    MoU with the Asian Development Bank (ADB)?
    A Financing thermal power plants Correct Answer Incorrect Answer
    B Modernizing India's coal supply chain Correct Answer Incorrect Answer
    C Developing renewable energy projects and storage solutions Correct Answer Incorrect Answer
    D Expanding overseas energy infrastructure Correct Answer Incorrect Answer
    E Promoting energy privatization in India Correct Answer Incorrect Answer

    Solution

    The MoU focuses on financing renewable projects like solar-wind hybrids, pumped hydro storage, and battery solutions to support India’s 500 GW renewable energy target by 2030.

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