Which of the following statements is NOT true about the reorganization of Damodar Valley Corporation (DVC)?
1
DVC will be corporatised and divided into three entities.
2
The reorganization will result in a reduction of workforce by 20%.
3
The entities will focus on transmission, generation, and distribution separately.
4
DVC plans to install an additional capacity of nearly 10,000 MW.
5
The total capex for DVC's expansion is estimated to be between Rs 50,000-60,000 crore.