PUSHING THE WRONG ENERGY BUTTONS
Focus: GS-III Industry and Infrastructure Why in news? Nuclear Power Corporation of India Limited and Westinghouse Electric Company have finalized the techno-commercial offer for the construction of six nuclear reactors in India at the earliest date. Concerns Because of the cost and safety, the two organisations should have been told to abandon, not finalise, the […]
Lithium Reserve Found in Mandya near Bengaluru
Why in news? Reserves of lithium, a rare metal critical to build batteries for electric vehicles, have been discovered in Mandya, 100 km from Bengaluru – a find that should boost local manufacturing of EV batteries. Details Researchers at the Atomic Minerals Directorate, a unit of India’s Atomic Energy Commission, have estimated lithium reserves of […]
CONCESSION AGREEMENT SIGNED FOR CONSTRUCTION OF Z-MORH TUNNEL IN J&K
Details: 6.5 km long Z-Morh tunnel in J&K The project includes construction, operation and maintenance of the tunnel with approaches on NH-1 at Srinagar-Sonmarg-Gumri Road from 61 km to 89.30 km on Design, Build, Finance, Operate and Transfer (DBFOT) Annuity basis.
150TH ANNIVERSARY CELEBRATION OF KOLKATA PORT TRUST, RABINDRA SETU
Why in news? 150th anniversary celebration of Kolkata Port Trust in Kolkata happened on 10th January 2019. Decorative Lighting of the Rabindra Setu was done, giving it a more heritage look. This is formed as a new interactive show which is expected to help attract tourists. About Rabindra Setu Rabindra Setu, formerly Howrah Bridge, was […]
ORDINANCE PROMULGATED FOR AMENDMENT OF MMDR ACT AND CMSP ACT
Why in news? The ordinance for amendment in the MMDR Act 1957 and the CMSP Act 2015 has been promulgated. The Union Cabinet had earlier approved the amendments intending to open up new areas of growth in the coal & mining sector. Details The amendments in the Acts would enable the following: Enhancing the ease […]
SEZ POLICY REVAMPED TO MEET CHALLENGES FACED BY EXPORTERS
Why in news? Commerce and Industry & Railways Minister chaired a meeting 9th January 2020, in New Delhi to review the remaining recommendations of the Baba Kalyani report on Special Economic Zone (SEZ) policy of India. Details Commerce and Industry Minister examined the revamp of the SEZ policy with a view to meeting the global […]
STATE ENERGY EFFICIENCY INDEX 2019
Why in news? Minister for Power and New & Renewable Energy and Minister of State for Skill Development & Entrepreneurship released the ‘State Energy Efficiency Index 2019’ on 10th January 2020. Details of State for Skill Development & Entrepreneurship State for Skill Development & Entrepreneurship Index 2019’, which tracks the progress of Energy Efficiency (EE) […]
‘PURVODAYA’: ACCELERATED DEVELOPMENT OF EASTERN INDIA THROUGH AN INTEGRATED STEEL HUB
Why in news? Ministry of steel in partnership with CII and JPC launched Purvodaya-Accelerated Development of Eastern Region through an Integrated Steel hub, for focused development of the Eastern States. Details of Eastern region steel development A world-class Eastern region steel hub would be created that will contribute to the socio-economic development of the Eastern […]
IEA LAUNCHES FIRST IN-DEPTH REVIEW OF INDIA’S ENERGY POLICIES
Why in news? In partnership with NITI Aayog, International Energy Agency (IEA) on 10th January, released the first in-depth review of India’s energy policies. Details of Review of India’s energy policies The report highlights the achievements of India’s energy policies and provides recommendations to support the government’s goals of promoting well-functioning energy markets and boosting […]
MINING DEEP
Why in news? Center has liberated norms and reduced taxes for the coal sector in the country. Mineral Laws (Amendment) Ordinance 2020 cleared by the Cabinet on Wednesday will free the sector from restrictions that were inhibiting its development This will open up the coal mining sector completely, enabling anyone with finances and expertise to […]