Current Affairs · Energy Sector
Consider the following statements: Statement I: The Government of India has scrapped the centralized renewable energy pricing pools to facilitate quicker power purchase agreements (PPAs). Statement II: Under the previous centralized pricing model, renewable energy developers had full control over the pricing of energy projects. Statement III: The dismantling of the pricing pools is expected to slow down investments in India's renewable energy sector. Which one of the following is correct in respect of the above statements?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Statement I is correct, but Statements II and III are incorrect.✓
- 2Only Statement I is correct, and Statement III explains Statement II.
- 3Statement I and Statement III are correct, and both explain each other.
- 4Statement I and Statement II are correct, and Statement I explains Statement II.
Correct answer
Statement I is correct, but Statements II and III are incorrect.
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