Correct Answer :   GAIL

GAIL has entered into its first long-term time charter agreement with Singapore-based "K" LINE for a new LNG ship, featuring a tank capacity of 1,74,000 cubic meters.

Scheduled to be operational by 2027 and built by Samsung Heavy Industries, this agreement enhances GAIL's LNG transport capabilities.

The partnership also benefits from "K" LINE's extensive 40-year expertise in LNG shipping, marking a significant step in strengthening India's energy infrastructure.

Correct Answer :   25.1%

Following the merger of Air India and Vistara, Singapore Airlines' stake in the new entity will decrease from its original 49% share in Vistara.

The reduced stake reflects the combined ownership structure of the unified airline.

As a result, Singapore Airlines will now hold a 25.1% stake in the new Air India group, marking a significant development in the aviation industry.

This merger aims to strengthen Air India's position in the market and enhance its operational efficiency. The unified carrier will operate under the Air India brand and airline code 'AI'.

Correct Answer :   ONGC

Oil and Natural Gas Corporation (ONGC) has joined forces with NTPC Limited to create a 50:50 joint venture, driving India's green energy future.

Through their respective green subsidiaries, ONGC Green Energy Ltd. (OGL) and NTPC Green Energy Ltd. (NGEL), the partnership aims to accelerate renewable energy growth in solar, wind, green hydrogen, and sustainable fuels.

This collaboration, approved by DIPAM and NITI Aayog, marks a significant step in achieving India's renewable and new energy goals.

The joint venture will explore diverse opportunities, including energy storage, green molecules, e-mobility, and carbon credits, solidifying ONGC's commitment to sustainable energy innovation.