Current Affairs for BANK, IBPS Exams - 06 March 2022

::National::

India's first FSRU Hoegg Giant arrives at Jaigarh Terminal

India’s first Floating Storage and Regasification Unit (FSRU)- has arrived at H-Energy’s Jaigarh Terminal in Maharashtra, the FSRU Höegh Giant which sailed from Keppel Shipyard, Singapore was berthed at Jaigarh terminal in Maharashtra.

Key features of the project:

*This will be India’s first FSRU based LNG receiving terminal and the first year around LNG terminal in the state of Maharashtra
*The 2017-built Höegh Giant has storage capacity of 170,000 cubic metres and installed regasification capacity of 750 million cubic feet per day (equivalent to about 6 million tons per year). H-Energy has chartered the FSRU for a 10 year period.
*Höegh Giant will deliver regasified LNG to the 56-kilometre long Jaigarh-Dabhol natural gas pipeline, connecting the LNG terminal to the national gas grid.
*The facility will also deliver LNG through truck loading facilities for onshore distribution, the facility is also capable to reload LNG onto small-scale LNG vessels for bunkering services.
*H-Energy also intends to develop small-scale LNG market in the region, using the FSRU for storage and reloading LNG onto smaller vessels.
H-Energy has developed the LNG terminal in accordance with world-class engineering & safety standards. The LNG terminal is located at JSW Jaigarh Port in the Ratnagiri district of Maharashtra, on the west coast of India. The port is the first deep water, 24/7 operational private port in Maharashtra.

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::International::

SWISS will become the first airline in the world to use solar aviation fuel

Swiss and its parent company, the Lufthansa Group, have partnered with synthetic fuel group Synhelion to use its solar fuel.
This will make Swiss the first airline in the world to use “sun-to-liquid” fuel.
Swiss-based Synhelion, which is a spinoff from the Swiss Institute of Technology, has developed a technology for manufacturing sustainable aviation fuel (SAF) from renewable energy sources.
The process uses concentrated solar heat to manufacture syngas (synthesis gas) which can then be turned into kerosene.
According to a statement by the airline, when combusted the solar fuel will only produce as much carbon dioxide as went into its manufacture, helping to cut aviation emissions.
Synhelion is set to build its first facility for the industrial production of solar fuel in Germany’s Julich this year, with Swiss becoming the first airline customer for the solar kerosene in 2023.

Swiss CEO Dieter Vranckx commented:

“Our team-up with Synhelion is founded on our shared vision to make carbon-neutral flying in regular flight operations possible through the use of solar fuel.
“We are proud that SWISS will be the first airline in the world to fly with solar kerosene. In partnering with Synhelion, we are supporting Swiss innovation and are actively pursuing and promoting the development, the market introduction and the scaling-up of this highly promising technology for producing sustainable fuels.”

::Economy::

Tata Motors launches 'Anubhav' - Showroom on Wheels

Tata Motors, India’s third largest car manufacturer, on Thursday introduced ‘Anubhav,’ showroom on wheels, a doorstep car buying experience for the rural customers.
The company says that this initiative will help it increase its reach in tehsils and talukas, that have a high potential in terms of rural population and economy. A total of 103 mobile showrooms are being deployed across the country, to enhance Tata Motors’ brand awareness in rural India.
These mobile showrooms will help existing dealerships to offer a doorstep sales experience to customers and assist them with information about Tata Motors’ cars and SUVs, accessories as well as avail finance schemes, book a test drive and evaluate existing cars for exchange.
RajanAmba, Vice-President, Sales, Marketing and Customer Care, Tata Motors Passenger Vehicles said, “This is a significant step towards taking the brand to the hinterland and making our range of cars and SUVs more accessible while reducing our dependability on the traditionally followed model of a brick-and-mortar facility. They will also derive important consumer insights and data for us to further improve our customer outreach.”

Adani Green gets LOA for setting up 150 MW solar power plant

Adani Green Energy Ltd announced that its subsidiary Adani Renewable Energy Holding Fifteen Limited has received letter of award (LOA) to set-up 150 MW solar power project. The fixed tariff for this project capacity is ₹2.34/ kWh for a period of 25 years.
“Adani Renewable Energy Holding Fifteen Limited, a Wholly-owned Subsidiary of Adani Green Energy Limited participated in a Tender issued by Punjab State Power Corporation Limited for procurement of 250 MW Solar Power from ground mounted grid connected solar PV power plants and has received the Letter of Award (LOA) to set-up 150 MW Solar Power Project," the Adani Group company announced in an exchange filing.
With this, Adani Green now has a total renewable energy project portfolio of 20.434 MWaccapacity, out of which 5.410 MWac projects are operational. 11,591 MWac projects are under construction and 3.433 MWac projects are near construction, the company highlighted.
Part of Indian conglomerate Adani Group, Adani Green Energy Limited is an Indian renewable energy company headquartered in Ahmedabad, Gujarat. Shares of Adani Green Energy have given over 61% return in a year's period, whereas, the stock has rallied more than 36% in 2022 (year-to-date or YTD) so far as compared to about 5% fall in benchmark BSE Sensex.

::Science and tech::

Electronics and IT Minister inaugurates Tech Conclave 2022

National Informatics Centre (NIC) organized the #TechConclave2022 focused on Emerging Technologies applicable especially in e-Governance, with the theme – “Next Gen Technologies for Digital Government”. The event was attended by Shri K. Rajaraman, Secretary, Ministry of Electronics & Information Technology (MeitY), Dr. Rajendra Kumar, Additional Secretary, MeitY, Dr. Neeta Verma, Director General, NIC,along with other dignitaries from Centre and State Governments.
Addressing the event, Shri Rajeev Chandrasekhar said that NIC plays an important role in bringing technology into Government & Governance. He further added that anticipating planning for the future of Technology for the Government, is embedded in the DNA of NIC.
Shri K. Rajaraman, Secretary, MeitY congratulated NIC for its innovative products and said that the Conclave is going to serve as an opportunity to devise innovative ways of working, new things that can be done for the citizens. He also congratulated NIC Team for its transformative flagship product, eOffice.
Dr. Rajendra Kumar, Additional Secretary, MeitY during his address said that the continuous efforts of MeitY and NIC in building larger platforms which aim at changing the entire paradigm of Digital Government, and making the services seamless, easily accessible, improve the ease of living and doing business, will yield results in the time to come.

::Sport::

ICC Women's World Cup New Zealand 2022 begins

The International Cricket Council's Women's Cricket World Cup begins on March 04, 2022, with hosts New Zealand taking on West Indies in the opener. This would be the 12th edition of the quadrennial showpiece event with New Zealand hosting its third tournament. Before the tournament finally begins, here is a quick look at the format, teams and their squads, schedule, venues, prize money and all things one must know regarding the Women's World Cup 2022.
The 2022 edition of the Women's World Cup also called the Women's ODI World Cup will be contested between eight teams all of whom will play each other once in a league format which will be Round-Robin. This means that each team will play the other only once. And at the end of the Round-Robin league, the top four teams on the Points Table will move into the semi-finals.