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Discussion :: Miscellaneous - Latest Current Affairs (Q.No.461)

461. 

Ministry of Environment, Forest and Climate change has announced to relax the mandatory charging of lease rent __________ for wind power projects.

[A]. Rs. 40,000 per Mw
[B]. Rs. 25,000 per MW
[C]. Rs. 45,000 per MW
[D]. Rs. 30,000 per MW

Answer: Option D

Explanation:

The Ministry of Environment, Forest and Climate change has announced that it is to relax the mandatory charging of lease rent of Rs. 30,000/- per Mega Watt (MW) for wind power projects. The announcement was made by the Union Minister for Environment, Forest and Climate Change, Prakash Javadekar at a review held in New Delhi. The step by the Ministry aims to boost investment in wind power projects. It will also help in providing wind power at a cheaper rate. The government aims to meet maximum energy requirement by tapping renewal energy resources. It also plans to achieve the target of clean energy in a time-bound manner, various policies and regulations are being constantly updated. The move will help in providing wind power at a cheaper rate & also strengthen India's commitments towards International Agreements such as National Commitment pledged in Paris in December 2015, which was to have 40% of the power from renewable resources by 2030.x

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