NTPC signs MoU with NIIF

Published on July 17, 2020
Current Context: National Thermal Power Corporation (NTPC) has signed MoU with National Investment and Infrastructure Fund (NIIF).
NTPC signs MoU with NIIF
  • They have signed MoU with an aim to explore investment opportunities in order to enhance the renewable energy sector.
  • Both the organisation together will work to develop India’s vision to build a sustainable and robust energy sector.
  • To achieve an enhancement in the renewable energy sector, NTPC will provide technical expertise and NIIF will provide financial assistance.
  • Static Part: 
    • HQ of NTPC: New Delhi
    • HQ of NIIF: Mumbai

Question: 

Q.1 With which finance provider, NTPC has partnered to explore renewable energy opportunities in India?
a. SIDBI
b. NIIF
c. SBI
d. National Development Bank

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