Consider the following statements The Administrative Council AC of the Jammu Kashmir Power Corporati...........

Jammu and kashmir Economy

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Consider the following statements:

The Administrative Council (AC) of the Jammu Kashmir Power Corporation ltd has recently approved the purchase of 200 MW Solar Power through the Solar Energy Corporation of India (SECI).
The move will help meet the growing power demand and promote the use of green and clean energy in Jammu and Kashmir.

Which of the above statements is/are correct?

1 only

2 only

Both

None

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Explanation:

The Administrative Council (AC) of the Jammu Kashmir Power Corporation ltd met recently under the chairmanship of the Lieutenant Governor.

The council approved the purchase of 200 MW Solar Power through the Solar Energy Corporation of India (SECI) to meet the growing power demand and promote the use of green and clean energy in Jammu and Kashmir.

Power Department was also given financial approval for Rs. 110.37 crores per annum for purchasing the electricity from the Solar Energy Corporation of India.

It will also ensure enhanced power reliability due to diversity in the power bucket of Jammu and Kashmir.

The decision will also prioritise the generation and usage of renewable solar energy in consonance with the national endeavour of promoting green energy for a reduction in carbon footprints and mitigating global warming.