NTPC Commissions India’s largest floating solar power project in Telangana

04 July 2022
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NTPC Commissions India’s largest floating solar power project in Telangana

NTPC Ltd has declared the Commercial Operations Date (COD) of the last part capacity of 20 MW out of 100 MW Ramagundam Floating Solar PV Project in Telangana. Ramagundam Floating Solar PV Project is India’s largest Floating Solar Plant commissioned by NTPC. Now the total commercial operation of Floating Solar Capacity in Southern Region has reached 217 MW. Prior to this, NTPC declared Commercial operation of 92 MW Floating Solar at Kayamkulam (Kerala) and 25 MW Floating Solar at Simhadri (Andhra Pradesh).

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According to the ministry, the total installed capacity of the company is 69,134.20 MW having 23 coal based, seven gas based, one Hydro, 19 renewable energy projects. Under JV, NTPC has nine coal based, four gas based, eight hydro and five renewable energy projects.

Important Takeaways For All Competitive Exams:

• NTPC Ltd Founded: 7 November 1975;
• NTPC Ltd Headquarters: New Delhi, India.

Grand Hackathon: 3 day event launched by Shri Piyush Goyal

04 July 2022
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Grand Hackathon: 3 day event launched by Shri Piyush Goyal

Union Minister Piyush Goyal has virtually kicked off a three-day Grand Hackathon that the Open Network for Digital Commerce (ONDC) is hosting in association with NABARD. The physical portion of this event took place at the Fort, Mumbai location of the Bombay Stock Exchange. The Grand Hackathon is divided into two categories: the Agri Grant Challenge and the Agri Innovation Hackathon, both of which will highlight innovations that will help the agriculture sector adopt eCommerce.

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KEY POINTS:

• Speaking at the event, Shri Goyal stated that the newly created ONDC-NABARD Grand Hackathon will give start-ups a platform to collaborate with ONDC and develop creative solutions for some of the most urgent problems in the agri-sector.
• Even though it might seem like a tiny move right now, in the long run, this will give farmers all throughout the nation more influence. Early signs suggest that this will likely affect not only the way e-commerce operates in India but maybe the entire world.
• According to the Minister, this Government has made tripling the income of farmers and ensuring their welfare a primary priority.
• According to Piyush Goyal, we should expect quicker economic growth the more we help our farmers access farm inputs and connect with markets utilising technology and innovation.
• Notably, ONDC is a Government of India effort with the goal of democratising the nation’s current e-commerce environment by creating an open network for buyers and sellers.
• According to Shri Goyal, it is also essential for democratising the agri-value chain and assuring the digital revolution of the agricultural industry. The entire farm value chain, including FPOs, mandis, processors, exporters, MSMEs, and small retailers, will be onboarded by ONDC with the active support of NABARD.

Important Takeaways For All Competitive Exams:

• Minister of Textiles, Minister of Commerce and Industry and Minister of Consumer Affairs, Food and Public Distribution: Shri Piyush Goyal

International Plastic Bag Free Day 2022: 03 July

04 July 2022
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International Plastic Bag Free Day 2022: 03 July

The International Plastic Bag Free Day is held on July 3 around the world to spread awareness that a plastic bag free world is possible and that sound environmental alternatives to single use plastic bags are available. 2022 is the 13th edition of the celebrations. The day is an initiative by Bag Free World for the purpose of getting rid of the single-use of plastic bags around the world and promoting environmental conservation by encouraging us all to stay away from the use of plastic bags and instead look for more eco-friendly alternatives.

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International Plastic Bag Free Day 2022: Significance

The main goal of the day is to raise awareness of the growing harm that the use of this non-biodegradable substance is causing to the environment. It is concerning to learn that a plastic bag takes 1,000 years to disintegrate in a landfill, despite the fact that collective efforts over the past 10 years have drastically decreased the impact thus far.

International Plastic Bag Free Day: History

The first International Plastic Bag Free Day was observed on July 3, 2008, when Rezero, a member of Zero Waste Europe (ZWE), initiated it. The holiday was only observed in Catalonia in its inaugural year. However, a year later, ZWE introduced the International Plastic Bag Free Day to the European Union.

Their effective campaigns were created over time, but the organisation later succeeded in pressuring a number of countries to begin adopting steps to reduce the use of single-use plastic. The European Union passed the plastic bag guidelines in 2015 with the intention of taking steps to reduce plastic bag consumption to 90 bags per person by 2018. By 2025, the directive hopes to reduce this to 40 plastic bags per person.