Current Affairs, News & Facts of 03 Jan 2014

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  • Government approves amendments in the Mega Power Policy 2009 for provisional Mega Power projects
    • The objective is to increase power availability and bring down the power tariff for consumers to a reasonable level. 
  • P Madhusudan takes over as the new Chairman and Managing Director of PSU 'Rashtriya Ispat Nigam Limited' (RINL). 
    • He has succeeded AP Choudhary as such for a tenure of 5 years.
  • The Cabinet Committee on Economic Affairs (CCEA) gives the nod for construction of 220kV transmission system from Alusteng (Srinagar) to Leh and interconnection system for Drass, Kargil, Khalsti and Leh substations in Jammu & Kashmir.  
    • The transmission project shall provide, connectivity with Northern Grid and reliable power supply to the strategically important Ladakh region which so far depends on local small hydro generation.
  • S K Sharma assumes charge as the Chairman & Managing Director of Defence PSU 'Bharat Electronics Limited' (BEL).
  • India’s supercomputer PARAM Yuva-II has been rated the 9th most power efficient computer systems in the Asia Pacific Region and 44th in the world as per the Green500 List.   - read more cat
  • Madagascar gets new President. - read more cat

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