India approves installation of 10 new nuclear reactors in five states (GS Paper 3, Science and Tech)
Why in news?
Key Highlights:
Fleet mode:
- The Government has amended the Atomic Energy Act in 2015 to enable the Joint Ventures of NPCIL with Public Sector Enterprises to set up nuclear power projects.
- These reactors are planned to be set up in ‘fleet mode’ progressively by the year 2031 at a cost of Rs. 1,05,000 crores.
Installed nuclear power capacity:
- During 2021-22 the nuclear power reactors generated 47,112 million units of electricity, which comprises about 3.15 per cent of the total electricity generated in the country.
- The present installed nuclear power capacity is set to increase from 6780 MW to 22480 MW by 2031 on progressive completion of projects under construction and accorded sanction.
India elected to UN statistical body for 4-yr term
(GS Paper 2, International Organisation)
Why in news?
Details:
- India won handsomely in the UN Statistical Commission election securing 46 out of 53 votes, leaving rivals Republic of Korea (23) China(19) and the United Arab Emirates (15) far behind.
- India's expertise in the field of statistics, diversity and demography has earned it the seat on the UN Statistical Commission.
About UNSC:
India, Japan agree to diversify defence cooperation in emerging domains
(GS Paper 2, International Relation)
Why in news?
- Recently, the seventh edition of India-Japan Defence Policy Dialogue took place in Delhi.
- India and Japan agreed to diversify their defence cooperation in new and emerging domains like space and cyber as part of an aim to consolidate the overall strategic engagement.
Key Highlights:
- India invited Japanese defence industries to look at investment opportunities in India under the 'Make in India' initiative.
- A wide range of issues, including service-level exercises and engagements, regional security issues and cooperation in defence equipment and technology, were discussed during the meeting.
- The Japan presented policy updates from their recently released National Security Strategy and National Defence Strategy.
- Japan emphasised that both the countries should aim to deepen collaboration between the respective defence industries.
- They welcomed the conduct of the inaugural fighter exercise 'Veer Guardian' between the Indian Air Force and Japanese Air Self Defence Force in January 2023 in Japan.
Defence Policy Dialogue:
- The Defence Policy Dialogue is an institutional mechanism between India and Japan to discuss bilateral defence cooperation.
India Grid commissions its first battery energy storage system project
(GS Paper 3, Science and Tech)
Why in news?
Details:
- The project will meet the substation's auxiliary consumption requirement.
- This facility will also act as a test bed for augmenting IndiGrid's capabilities to participate in energy transition opportunities in solar and BESS space.
About IndiGrid:
- IndiGrid is the first infrastructure investment trust in the Indian power sector.
- It owns 17 power projects, consisting of 46 transmission lines with more than 8,416 ckms (circuit kilometers) length, 13 substations with 17,550 MVA transformation capacity and 100 MW (AC) of solar generation capacity.
- IndiGrid has assets under management (AUM) of over Rs 22,700 crore (USD 2.7 billion). The investment manager of IndiGrid is wholly owned by KKR.