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Which of the following statement is not true about “Rajasthan Urja Vikas Nigam Limited”?
Question

Which of the following statement is not true about “Rajasthan Urja Vikas Nigam Limited”?

A.

It was established for power trading business.

B.

It was incorporated under the Companies Act, 2013.

C.

It was formed in 2015 after a Cabinet decision.

D.

It is a holding company of Distribution Corporations, Transmission Corporation and Production Corporation.

Correct option is D


The statement that "It is a holding company of Distribution Corporations, Transmission Corporation and Production Corporation" is not true. Rajasthan Urja Vikas Nigam Limited (RUVNL) was primarily established for promoting renewable energy, not as a holding company for these entities.

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