Current Affairs - Miscellaneous - Discussion

Discussion :: Miscellaneous - Latest Current Affairs (Q.No.431)

431. 

Which institute signed MoU with PGCIL to enter Power Distribution Business?

[A]. National Thermal Power Corporation Limited
[B]. Bharat heavy Electricals Limited
[C]. Bharat Sanchar Nigam limited
[D]. Hindustan Petroleum

Answer: Option A

Explanation:

Indian Public Sector Undertaking's (PSUs) National Thermal Power Corporation Limited (NTPC Ltd) and Power Grid Corporation of India Limited (PGCIL) signed an agreement to set up National Electricity Distribution Company Limited (NEDCL). National Electricity Distribution Company by NTPC, a leading power generator, and Power Grid, which owns India's largest power transmission network to get into consumer electricity supply business. Main Objective: To undertake business for distribution of electricity in distribution circles in various states and Union Territories (UTs) and other related activities.

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