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| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (102866) | |
2461. India emerges as world’s 3rd largest biofuel producer
- On 2 march 2025 In the global energy landscape, India stands strong as the third largest biofuel producer, driving the shift towards cleaner and renewable energy,
- “India has achieved 19.6 per cent ethanol blending in petrol as of January this year and is set to achieve 20 per cent very soon five years ahead of the original 2030 schedule, reducing fuel imports and emissions.”
- The ethanol blending initiatives have enhanced farmer incomes as it is made from sugarcane, increased rural employment, reduced CO2 emissions equivalent to planting 1.75 crore trees and resulted in savings of Rs 85,000 crore worth of foreign exchange.
2462. Adani Green Energy refinances $1.06 bn to develop mega solar-wind cluster
- On 2 march 2025 Adani Green Energy Ltd (AGEL) it has refinanced $1.06 billion to develop India’s largest solar-wind hybrid renewable cluster in Rajasthan.
- AGEL has successfully completed its capital management programme for the underlying asset portfolio, which involves securing long-term facilities that are perfectly aligned with the cash flow lifecycle of that portfolio.
- India’s largest renewable energy company successfully refinanced its maiden construction facility with an outstanding amount of $1.06 billion taken in 2021
2463. UPI Transactions See 33 Per Cent YoY Volume Growth In Feb, Value Up 20 Per Cent
- On 28 February,2025 The unified payments interface (UPI) transactions witnessed 33 per cent growth (year-on-year) in transaction volume in February at 16.11 billion, the National Payments Corporation of India (NPCI) data showed
- The UPI transaction value also surged 20 per cent (on-year) to Rs 21.96 lakh crore february 2025 .
- The number of daily transactions stood at 575 million from 548 million in January. This resulted in an increase in daily value to Rs 78,446 crore against Rs 75,743 crore in January,
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2464. Adani Green Commissions 83 MW Solar Power Project
- On 1 March 2025, in the Khavda district of Gujarat, Adani Green Energy Twenty-Five B Limited, a wholly-owned step-down subsidiary of Adani Green Energy Limited (AGEL), commissioned an 83 MW solar power project.
- The project became operational , after receiving the necessary clearances. The decision to begin operations was made on the same day.
- The commissioning of this new plant, AGEL’s total operational renewable energy capacity has now reached 12,341.1 MW. The company continues to expand its renewable energy portfolio, reinforcing its commitment to clean energy and sustainability.
- The development marks another step in AGEL’s strategy to enhance India’s renewable energy generation. The Khavda solar project is expected to contribute significantly to the country’s growing green energy,
2465. Future wars will be tech-driven, India must stay ahead
- On 1 march 2025 the youth to inculcate scientific temper and excel in frontier technologies by leveraging the internationally-competitive infrastructure being developed in the country due to the government initiatives.
- Union Defence minister said made these remarks while inaugurating Vigyan Vaibhav, a two-day science and technology extravaganza organised in Hyderabad as part of National Science Day celebrations
- The tank War is shifting from hardware to software. With breakthroughs in AI, Quantum Computing, Machine Learning and Clean-tech on the horizon, India must lead in transformative technologies to stay strong in adverse situations
2466. BRO to Build World’s Highest Motorable Road in Eastern Ladakh
- On March 19, 2025, the Border Roads Organisation (BRO) initiated the construction of the Likaru-Mig La-Fukche road in Eastern Ladakh, which will become the world’s highest motorable road at 19,400 feet upon completion.
- Key Details of the Project: The Likaru-Mig La-Fukche road is 64 km long and will enhance access to the Line of Actual Control (LAC). Once completed, it will break the record currently held by Umling La Road (19,024 feet). The project has a budget of ₹520 crore and will improve logistics for the armed forces.
- This will facilitate military movement in the sensitive Demchok sector, boost the socio-economic development of nearby villages, and strengthen border security amid ongoing tensions with China.
2467. J&KNHIDCL Revolutionizing J&K’s Transformative Infrastructure landscape
- On March 19, 2025, the National Highways and Infrastructure Development Corporation Limited (NHIDCL) announced road and tunnel projects worth ₹20,500 crore aimed at transforming Jammu & Kashmir's connectivity, economy, and defence infrastructure.
- Key Infrastructure Developments: 7 Tunnels Under NHIDCL: 4 under construction 3 in DPR stage Sonamarg Tunnel (Z-Morh Tunnel): ₹2,378.76 crore – Completed Zoji-La Tunnel: ₹6,808.69 crore – Under Construction Chenani-Sudhmahadev-Khellani-Kishtwar-Vailoo-Khanabal (NH-244) – Key Project
- Strategic Significance of Tunnels & Highways: Sudhmahadev-Dranga Tunnels (₹3,876 crore) and Singhpora-Vailoo Tunnel (₹5,025 crore) on NH-244 provide a safer alternative to NH-44, improving strategic military movement. These tunnels reduce distances and ensure all-weather connectivity, strengthening India’s defence preparedness. PMDP (Prime Minister’s Development Package) funds these tunnels to enhance border security, logistics, and disaster response.
- Technological & Economic Impact: Use of New Austrian Tunnel Method (NATM) ensures structural stability and operational safety. The Akhnoor-Poonch road and Delhi-Amritsar-Katra Expressway (₹11,090 crore) will enhance trade and travel efficiency. Investment of ₹10,192 crore in BRO & PWD projects strengthens regional accessibility.
2468. Centre to invest Rs 3 lakh crore to build US-standard highways in Assam
- On March 19, 2025, Union Minister for Road Transport and Highways, announced in the Rajya Sabha that the Centre will invest ₹3 lakh crore to develop world-class highways in Assam, meeting US standards.
- Key Road Projects in Assam: Guwahati Ring Road: ₹5,800 crore project, expected completion by December 2027. Brahmaputra River Tunnel (Dibrugarh): Estimated cost of ₹12,000 crore, currently awaiting approval. Elevated Highway Over Kaziranga National Park: Will commence after Cabinet approval, with no funding constraints.
- Key Benefits & Government Commitment: Projects will enhance connectivity, generate employment, and boost economic growth in the Northeast. Gadkari assured that his ministry has no shortage of funds for road development in Assam. Stressed PM Modi’s priority for infrastructure development in the Northeast.
- With this investment, Assam is set for a major infrastructure transformation, reinforcing its role as a key economic hub in the Northeast.
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2469. Fitch Retains India's FY26 GDP Growth Forecast At 6.5%
- On 19 march,2025, It was reported that, Fitch Ratings has maintained India's gross domestic product (GDP) growth forecast for FY26 at 6.5 per cent while revising its FY27 projection upward by 10 basis points to 6.3 per cent, according to its March Global Economic Outlook report.
- India's Economic Survey has projected GDP growth in the range of 6.3–6.8 per cent for FY26. Official estimates peg GDP growth for the ongoing financial year at 6.5 per cent. Growth had slowed to 5.4 per cent in the July–September 2024 quarter before recovering to 6.2 per cent in the following quarter.
- Ratings revised its forecast for India’s economic growth in the next financial year to 6.5 per cent, up from 6.3 per cent this year, citing higher government capital expenditure and a boost to consumption from tax cuts and interest rate reductions.
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2470. India-Made World's First Operational EV For Tactical Defence
- On 19 march 2025 Bengaluru-based EV startup Pravaig's all-terrain stealth vehicle, Veer -- the world's first operational EV designed for tactical defense use -- has undergone military trials and won the prestigious iDEX award from the Ministry of Defence.
- In a major step towards strategic autonomy, Pravaig has won the prestigious iDEX Award for its VEER Electric Tactical All-Terrain Vehicle (E-TATV) -- a cutting-edge, highly stealthy vehicle designed for forward patrolling, reconnaissance, and ISR operations," Pravaig Dynamics.
- Atima Corporation, a wholly-owned subsidiary of Pravaig, won the iDEX Award by the Defence Innovation Organisation (DIO), under the aegis of the Department of Defence Production in the Ministry of Defence,