Andhra Pradesh govt to procure 7,000 MW solar power from SECI
Refuting allegations against the state government’s decision to procure power from the Solar Energy Corporation of India, energy minister Balineni Srinivasa Reddy said there will be no burden on discoms due to the purchase from SECI.
He said the government will procure about 7,000 MW of solar power from SECI, starting 2024, in different tranches to meet the demand of 18 lakh farmers.
In a statement Friday, Balineni said the tariff proposed by SECI is considered to be the lowest and purchases will be transparent as it is a public sector undertaking. He said the tariff proposed by SECI has to be approved by the Andhra Pradesh Electricity Regulatory Commission as per the electricity Act.
The minister said solar power purchased from SECI would be utilised to provide nine hours of supply to the agriculture sector in the day through a special discom that will ensure free power to farmers for the next 25 years.
Indias Panchamrita concoction
PM Narendra Modi has proposed a five-fold strategy for India to play its role in helping the world to get closer to 1.5 degrees Celsius, in a global climate meet (COP26) in Glasgow.
Prime Minister Modi dubbed his plan ‘Panchamrita,’ which literally translates to ‘five ambrosia.’
Panchamrita is a traditional method of combining five natural foods: milk, curd, ghee, honey, and jaggery.
In Ayurveda, a procedure known as panchmrita is used. It’s also employed in Hindu and Jain religious ceremonies.
India has a population of 17% of the world’s population. However, it only accounts for 5% of total emissions. India is ranked fourth in the world in terms of renewable energy capacity.
By 2030, India plans to grow its non-fossil energy capacity to 500 gigawatts.
Until 2030, India will be able to cover 50% of its energy needs with renewable energy.
By 2030, India will have reduced carbon emissions by one billion tonnes.
By 2030, India will have reduced its carbon intensity by 45 percent.
By 2070, India will have achieved net-zero emissions.
QS World University Rankings 2022 Announced
The QS World University Rankings for 2022 have been issued by QS (Quacquarelli Symonds).
♦ For the fourth year in a row, the National University of Singapore (NUS) has topped the rankings.
♦ Peking University in China is ranked second, followed by Nanyang Technological University in Singapore and the University of Hong Kong in Hong Kong.
♦ The only two Indian institutes in the Top-50 are the Indian Institute of Technology Bombay (IITB) (42nd regionally) and IIT Delhi (45th regionally).
♦ IIT Madras, which was ranked 50th last year, has dropped four places to 54th. India has 118 universities, followed by China, which has 126 institutions.
Bharat Biotechs Covaxin Approved For Emergency Use By WHO
Bharat Biotech’s Covaxin has been approved by the WHO, with the technical advisory team recommending the India-made vaccine for emergency use in anyone aged 18 and up.
♦ This is a significant step forward in India’s fight against Covid-19.
♦ Covaxin is a vaccine developed by Hyderabad-based Bharat Biotech and the Indian Council of Medical Research.
♦ It is totally “made in India.” Pfizer-BioNTech, AstraZeneca-SK Bio/Serum Institute of India, Johnson 7 Johnson – Janssen, Moderna, and Sinopharm have all had their Covid-19 vaccines authorized by the WHO for emergency use.
♦ Last month, the technical advisory panel requested additional clarity from Bharat Biotech for its final risk assessment, which caused the emergency listing to be postponed.
♦ Covaxin has been recommended for emergency use listing by the technical advisory group, which met to make the final decision.
One Sun, One World, One Grid Initiative Launched By PM
At the COP 26 Climate Meeting in Glasgow, Prime Minister Narendra Modi and Boris Johnson jointly inaugurated the ‘One Sun, One World, One Grid’ (OSOWOG) initiative.
♦ The goal of this project is to create a “trans-national electrical grid” that will supply solar energy to people all over the world.
♦ ‘The Sun Never Sets,’ is OSOWOG’s vision. At any one time, it is a constant in some geographical region in the world.
♦ This is India’s most ambitious project to date, and it has huge economic implications. It has been taken up as part of the World Bank’s technical support program.
♦ The International Solar Alliance will also be used in this strategy (ISA).
Draft Mediation Bill
The Indian government has released a draft mediation bill for public comment, which aims to protect petitioners’ rights to approach competent adjudicatory forums.
♦ Pre-litigation mediation is included in the Draft Mediation Bill.
♦ The bill protects litigants’ rights to seek urgent remedy from competent adjudicatory forums and courts.
♦ The bill states that the successful outcome of mediation is now legally enforceable in the form of a Mediation Settlement Agreement.
♦ The Mediation Settlement Agreement is the result of the parties’ mutual agreement. As a result, it has been allowed to be challenged on limited grounds.
♦ According to the bill, the mediation process protects the confidentiality of the mediation.
♦ It also grants immunity from disclosure in certain circumstances.
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