Current Affairs - National - Discussion

Discussion :: National - Latest Current Affairs (Q.No.861)

861. 

Government-owned mining majors NLC India Ltd and which company have formed a joint venture to develop solar and thermal power assets?

[A]. NTPC Limited
[B]. GAIL Limited
[C]. NLC India Ltd
[D]. Steel Authority of India Limited

Answer: Option C

Explanation:

Government-owned mining majors NLC India Ltd and Coal India Ltd have formed a joint venture. The joint venture company will develop solar and thermal power assets. Both the central public sector undertakings will hold equal 50:50 equity in the joint venture company. Coal India is the single largest coal producer worldwide and operates through 83 mining areas spread over eight states in India. NLC India Limited is a 'Navratna' government of India company in the fossil fuel mining sector in India and thermal power generation.

Suresh said: (Jul 8, 2020)  
I think the answer should be Coal India Ltd.

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