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Question

Which of the following statements is/are correct with reference to the Renewable Energy?

A Indian Renewable Energy Development Agency Limited (IREDA) signed a Memorandum of Understanding with NHPC Limited for providing its technical expertise in developing renewable energy projects.
B IREDA is under administrative control of Ministry of Power.
C Both A & B
D None of these
Answer & Explanation
Option: Indian Renewable Energy Development Agency Limited (IREDA) signed a Memorandum of Understanding with NHPC Limited for providing its technical expertise in developing renewable energy projects.

Explanation:

Indian Renewable Energy Development Agency Limited, IREDA under administrative control of Ministry of New and Renewable Energy signed a Memorandum of Understanding with NHPC Limited, the PSU under Ministry of Power for providing its technical expertise in developing renewable energy projects. Under the MoU, IREDA will undertake Techno-Financial due diligence of Renewable Energy and Energy Efficiency and conservation projects for NHPC.
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