Current affairs 30 August 2024

India Makes First Payment for Sri Lanka Hybrid Power Projects.

• India handed over the first payment for hybrid power projects on three Sri Lankan islands, funded by a $11 million Indian grant, aimed at addressing energy needs in Delft, Nainativu, and Analaitivu islands.
• The projects replace a previously suspended Chinese venture and are expected to be completed by April 2025.
• These islands, near Tamil Nadu, are not connected to Sri Lanka's national grid.

MoRTH launched Vehicle Scrapping Policy to phase out polluting vehicle.

• The Ministry of Road Transport has introduced the Voluntary Vehicle Modernization Program to phase out old, polluting vehicles and replace them with newer models.
• The policy will be executed through Registered Vehicle Scrapping Facilities & Automated Testing Stations, with discounts offered by manufacturers for scrapping old vehicles.
• Over 60 RVSFs and 75 ATSs are operational across India.

PM launched Vadhvan Port: India’s Largest Deep-Water Port.

• Vadhvan Port, with an investment of ₹76,220 crore, will become India's largest deep-water port.
• Scheduled to be operational by 2030, the port will feature nine 1,000-meter-long container terminals and a variety of specialized berths.
• Location: Vadhavan, Palghar district, Maharashtra.
• Coast: Arabian Sea
• Operated by: Vadhavan Port Project Limited (VPPL), Jawaharlal Nehru Port Authority.

Kerala CM launched India's largest affordable aero lounge.

• Kerala CM Pinarayi Vijayan will open the 0484 AERO LOUNGE at Cochin Airport on September 1, 2024.
• Features: Spanning 50,000 sq. ft., it offers 37 rooms, suites, boardrooms, a gym, spa, library, and dining options, combining luxury with affordability.
• Concept: Provides a premium airport experience with cultural aesthetics and budget-friendly rates, accessible to both passengers and visitors.

Infosys and Nvidia bolstered partnership for GenAI in Telecom.

• Infosys and Nvidia are deepening their collaboration to create generative AI solutions for telecom operators.
• Infosys has developed three AI solutions using Nvidia's technology, including real-time transcription and translation for call centers.
• The new solutions deliver up to 61% lower latency and a 22% improvement in accuracy.