Q. Consider the following statements:
1. National Thermal Power Corporation has diversified into hydropower sector.
2. Power Grid Corporation of India has diversified into telecom sector.
Which of the statements given above is/ are correct?
Answer:
Both 1 and 2
Notes: Statement '1' is correct, because National Thermal Power Corporation has diversified into the hydro projects. Presently it has undertaken Koldem project in Himachal Pradesh.
A telecom tower costs about Rs 10-15 lakh. Power Grid diversified into the telecom sector four years ago. Power Grid's main business involves laying transmission lines. It owns and operates 72,000 circuit kilometres of transmission lines and alone transmits over 45 per cent of the total power generated in the country.