Consider the following statement on institutions related to Power sector. |
1. Ministry of power (MOP) is responsible for the development of electrical energy in the country and the Central electricity authority (CEA) assists the Ministry in technical matters. |
2. The Power finance Corporation (PFC) provides term-finance to projects in the power sector |
3. A power Trading Corporation has also been incorporated primarily to support the Mega Power Projects in the private sector by acting as a single entity to enter into Power Purchase Agreements (PPAs) |
4. Programmes of rural electrification are provided financial assistance by the Rural Electrification Corporation (REC) |
Which of the above statement are corrects? Select the correct answer using the code given below: |
A) 1 and 2 only
B) 3 and 4 only
C) 1, 2 and 4 only
D) 1, 2, 3 and 4
Correct Answer: D
Solution :
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