Tata Power announced an investment of â‚¹70,000 crore in which state?

Daily Current Affairs

Tamil Nadu

Telangana

Karnataka

Andhra Pradesh

Correct Answer : Tamil Nadu

Tata Power announced (8th Jan 2024) a â‚¹70,000-crore investment to develop 10 gigawatts (GW) of solar and wind power capacity in Tamil Nadu over the next five to seven years. This ambitious project aligns with the power giant's vision of achieving 70 per cent clean and green energy production by 2030 and complete carbon neutrality by 2040, according to a report by Economic Times.

Tata Power CEO and MD Praveer Sinha unveiled the plan at the Tamil Nadu Global Investors Meet (GIM) in Chennai on January 8. Sinha emphasised the crucial role of renewable energy in mitigating climate change and securing a sustainable future for India.

Tata Power's Renewable Energy Portfolio :

Tata Power has an installed capacity of 982 MW wind power generation with plants spread across seven states of Maharashtra, Gujarat, Tamil Nadu, Karnataka, Rajasthan, Andhra Pradesh, and Madhya Pradesh, leading in promoting wind power generation in India, according to the company's website.

Additionally, Tata Power Solar has a portfolio of more than 11.5 GWp of ground-mount utility-scale, over 1.7 GW of rooftop and distributed ground-mounted systems, and over 1 lakh solar water pumps in India.

The stocks of Tata Power were trading in the green, up 0.13 per cent at â‚¹341.15, on BSE at 2:18 pm on January 8, 2024.

Tata Power's share price bottomed out at around â‚¹185 apiece level on the NSE at the end of March 2023, and since then, it has remained an ideal 'buy on dips' stock for investors. In the last two months, Tata Power's share price has been touching new highs regularly, and the share has delivered over 80 per cent return to its long-term investors in the current fiscal, as reported by Livemint earlier.

Meanwhile, India's renewable energy capacity crossed the 179.5 GW mark, making the country the 4th largest player globally in wind and solar power. This rapid green surge isn't just powering homes and industries; it's electrifying stock markets and driving India's ambitious climate goals, according to the REN21 Renewables 2022 Global Status Report.

Published On : January 8, 2024

Which State of United States is Known as “The Centennial State”?

Colorado holds the distinction of being known as “The Centennial State” among the United States. This nickname stems from its admission into the Union in 1876, precisely 100 years after the signing of the Declaration of Independence. Symbolizing both historical significance and patriotic pride, the title highlights Colorado’s role in commemorating the nation’s centennial while underscoring its rich heritage and contributions to American history.

The Origin of the Nickname “The Centennial State” :

Colorado earned the moniker “The Centennial State” due to its admission into the Union in the year 1876. This year held special significance as it marked the centennial anniversary of the signing of the Declaration of Independence, a pivotal event in American history. The timing of Colorado’s statehood celebration perfectly aligned with the nation’s centennial celebrations, hence the fitting nickname.

Published On : May 13, 2024

Q .

International Day of Plant Health 2024 Observed on?

9th May

10th May

11th May

12th May

Correct Answer : Option (D) - 12th May

The International Day of Plant Health (IDPH) is observed annually on 12 May to raise awareness about the critical importance of protecting plant health. This global initiative aims to prevent hunger, reduce poverty, safeguard biodiversity, and promote economic development worldwide. This year, the International Day of Plant Health falls on Sunday, 12 May 2024, coinciding with Mother’s Day, an event that recognizes the love, care, and sacrifices of mothers.

Theme: ‘Plant Health, Safe Trade, Digital Technology’ :

The theme for the International Day of Plant Health 2024 is ‘Plant Health, Safe Trade, Digital Technology.’ This theme emphasizes the need for international collaboration, standards, and the integration of digital technologies to promote plant health and ensure safe trade practices.

History and Significance :

The United Nations established the International Day of Plant Health to draw public attention to the necessity of safeguarding plant health. The resolution was unanimously adopted by the UN General Assembly in March 2022 and co-sponsored by several countries, including Bolivia, Finland, Pakistan, the Philippines, Tanzania, and Zambia.

The resolution highlights the crucial role of healthy plants in sustainable agricultural development, supporting a growing global population by 2050. It also acknowledges the functions of plants in regulating ecosystems, providing food security and nutrition, and promoting biodiversity.

Published On : May 13, 2024

Q .

Which Indian City is Known as 'City of Bridges'?

Mumbai

Pune

Surat

Bengaluru

Correct Answer : Option (C) - Surat

Surat earned the title "City of Bridges" due to its extensive network of over 120 bridges, surpassing any other city in India.

Which Indian City is Known as “City of Bridges”?

The Indian city known as the “City of Bridges” is Surat, located in the state of Gujarat. Surat boasts an impressive number of bridges, surpassing any other city in India. With over 120 bridges spanning rivers and connecting various parts of the city, Surat’s infrastructure facilitates smooth transportation for its residents. This abundance of bridges has earned Surat its distinctive title, highlighting its significance as a hub of connectivity and urban development.

Why is Surat Known as the “City of Bridges”?

Surat earned the title “City of Bridges” due to its extensive network of over 120 bridges, surpassing any other city in India. Situated along the banks of the Tapi River and close to other water bodies, Surat’s strategic location necessitated the construction of numerous bridges for seamless connectivity. These bridges play a vital role in facilitating smooth transportation within the city, earning Surat its reputation as a hub of connectivity and urban development.

Published On : May 13, 2024