General Awareness

ENVIRONMENT - November 2022

Nov 2022

Feb 25, 2024

NTPC to Set up India's Largest Green Hydrogen Production Facility in Andhra Pradesh

Power sector PSU and India's largest integrated power company NTPC Limited signed a land lease agreement with Andhra Pradesh Industrial Infrastructure Corporation (APIIC) for setting up 'Integrated Green Hydrogen Hub', India's largest green hydrogen production facility near Visakhapatnam.
The hub will come up on 1,200 acres of land near Pudimadaka village of Atchutapuram mandal in Visakhapatnam, Andhra Pradesh.
The Pudimadaka Green Hydrogen Hub aims to create a world-class ecosystem for technologies in the new energy paradigm, such as electrolyser and fuel cell manufacturing, related ancillary industries, and start-up, incubation, testing facilities, production and export of green hydrogen and its derivatives such as green ammonia and green methanol.

Feb 24, 2024

Uttar Pradesh to Set up First Turtle Conservation Reserve

The Forest Department in Uttar Pradesh's Gonda district, in collaboration with the Turtle Survival Alliance Foundation India, is initiating a conservation effort. This endeavour aims to establish a turtle conservation reserve along the Sarju River, a tributary of the Ghaghra river. Gonda district is known for its turtle diversity, making it an ideal location for such a conservation effort.
Shailendra Singh, the Director of the Turtle Survival Alliance Foundation India, highlighted the biodiversity of the Sarju River. Notably, Sarju is home to nine turtle species, with eight of them listed under Schedule I of the Wildlife Protection Act.

Feb 23, 2024

CleanMax and Bangalore International Airport Forge Long-Term Partnership for Renewable Power

Renewable power solutions provider CleanMax and Kempegowda International Airport Bengaluru signed a 25-year long-term power purchase agreement aimed at fostering sustainable energy practices. The agreement entails the generation and supply of renewable energy sourced from a Solar-wind Captive Power Project, marking a pivotal step towards green energy adoption in the region.
The renewable energy initiative will draw power from a 45.9 MW Solar-wind Captive Power Project established under a special purpose vehicle named Clean Max BIAL Renewable Energy Private Limited.
Situated in Jagaluru, Karnataka, the project encompasses a 36 MW solar power plant and a 9.9 MW wind power plant.
This amalgamation of solar and wind technologies underscores the project's commitment to harnessing multiple renewable energy sources efficiently.

Feb 22, 2024

Malta Becomes 119th Country to Join International Solar Alliance

Malta took a remarkable step towards sustainable energy by joining the International Solar Alliance (ISA). This move underscores the country's commitment to reducing reliance on non-renewable energy sources and embracing environmentally friendly alternatives.
With this development, Malta became the 119th nation to join the alliance, reinforcing the collective effort to combat climate change through solar energy deployment.
The signing ceremony, held in the presence of Abhishek Singh, Head of Depository and Joint Secretary (Economic Diplomacy) in the national capital, signified the collaborative spirit underlying the ISA. With over 120 signatory nations, the alliance fosters cooperation in developing and implementing solar energy solutions.
The International Solar Alliance originated from a joint effort by India and France on November 30, 2015. It aims to reduce global dependence on fossil fuels by promoting the widespread adoption of solar energy. The alliance prioritises the development of cost-effective solar solutions to facilitate sustainable growth, particularly in Least Developed Countries (LDCs) and Small Island Developing States (SIDS).

Feb 20, 2024

IREDA and PNB Collaborate On Renewable Energy Projects

Indian Renewable Energy Development Agency Ltd. (IREDA) and Punjab National Bank (PNB) signed a Memorandum of Understanding (MoU) to advance renewable energy initiatives across the nation. Signed at IREDA's registered office in New Delhi, the agreement paves the way for joint efforts in co-lending and loan syndication for a spectrum of renewable energy projects.
The MoU includes provisions aimed at enhancing support for renewable energy projects. These provisions include:
Joint Lending and Loan Syndication: IREDA and PNB will collaborate in providing financial assistance through joint lending and loan syndication mechanisms.
Management of Trust and Retention Account (TRA): The agreement entails the joint management of TRA for IREDA borrowers, ensuring efficient fund utilization and management.
Competitive Terms of Sanction: The parties will work towards ensuring competitive terms, including pricing, on IREDA borrowings, facilitating smoother project financing.
Investment Opportunities: IREDA and PNB can explore investment avenues in bonds issued by each other.

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