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.
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