1. FLOATING SOLAR PV PROJECT
The National Thermal Power Corporation (NTPC ) Ltd, has commissioned the largest floating solar PV project (of 25MW) in India on the reservoir of its Simhadri thermal station in Visakhapatnam, Andhra Pradesh.
About:
- This is also the first solar project to be set up under the Flexibilisation Scheme, notified by the Government of India in 2018.
- The floating solar installation which has a unique anchoring design is spread over 75 acres in an RW reservoir. This floating solar project has the potential to generate electricity from more than 1 lakh solar PV modules.
- NTPC is also planning to set up a hydrogen-based micro-grid system on a pilot basis at Simhadri.
- The 2000MW coal-based Simhadri Station is the first power project to implement an open sea intake from the Bay of Bengal which has been functional for more than 20 years.
Source : PIB
2. KONKAN EXERCISE
Exercise Konkan 2021 was held between INS Tabar and HMS Westminster on August 16, 2021 in the English Channel.
About:
- The exercise included the participation of integral helicopters of the two ships and the Falcon Electronic Warfare aircraft.
- A wide range of exercises including co-ordinated anti-submarine procedures, firing drills, combined maritime picture compilation, combat formation maneuvering and replenishment at sea were conducted.
- Konkan is an annual bilateral maritime exercise between the Indian Navy and the Royal Navy of United Kingdom. The Konkan series of exercises commenced in 2004.
Source : PIB
3. NATIONAL INSTITUTE OF ANIMAL BIOTECHNOLOGY
National Institute of Animal Biotechnology, Hyderabad notified as Central Drugs Laboratory for testing and batch release of vaccines.
About:
- In public interest it is necessary to establish more facilities to regulate the testing of COVID-19 vaccines for quick release of vaccine batches for prevention and treatment of COVID-19 infection.
- Considering this requirement, the Government of India has identified two Autonomous Institutes of the Department of Biotechnology (DBT), viz., National Institute of Animal Biotechnology (NIAB), Hyderabad and National Centre for Cell Science (NCCS), Pune, for upgradation as Central Drug Laboratories (CDLs).
- The funding support for the same was provided under the PM-CARES funds.
- NIAB has been upgraded as Central Drugs Laboratory (CDL) for COVID-19 vaccine testing facility at Hyderabad. The facility at NIAB, Hyderabad, has now been notified as Central Drugs Laboratory for testing and lot release of COVID-19 vaccines vide on 17th August, 2021.
- The facility at NCCS, Pune has already been notified as CDL on 28th June 2021.
Source : PIB
4. PANJSHIR VALLEY
The Panjshir Valley is Afghanistan’s last remaining holdout where anti-Taliban forces seem to be working on forming a guerrilla movement to take on the Islamic fundamentalist group.
About:
- Panjshir (also spelled as Panjsher and Panjsheer) is one of the thirty-four provinces of Afghanistan, located in the northeastern part of the country containing the Panjshir Valley.
- Bazarak serves as the provincial capital.
- It is currently controlled by the Second Resistance, and the only province not to be controlled by the Taliban since the 2021 Taliban offensive.
- The region, located 150 kilometers (93 miles) northeast of the capital, Kabul, now hosts some senior members of the ousted government, like the deposed Vice President Amrullah Saleh and ex-Defense Minister Bismillah Mohammadi.
- Famed for its natural defenses, the region tucked into the Hindu Kush mountains never fell to the Taliban during the civil war of the 1990s, nor was it conquered by the Soviets a decade earlier. The only access point to the region is through a narrow passage created by the Panjshir River, which can be easily defended militarily.
- Most of the valley’s up to 150,000 inhabitants belong to the Tajik ethnic group, while the majority of the Taliban are Pashtuns.
Source : Indian Express
5. P2P LENDING
Fintech platform CRED announced the launch of a peer-to-peer (P2P) lending feature called CRED Mint — a service that will allow the company’s users to lend money to other users and make a 9% interest per annum on the amounts they give out as loan.
About:
- In P2P lending, users sitting on idle money provide loans to potential borrowers identified by the service provider. These lenders then receive payments from the borrowers on a set basis — either one time, or in equated monthly instalments.
- P2P lending is not a new feature. Some of the major companies operating in this space include RupeeCircle, Finzy, IndiaMoneyMart, etc. For its P2P lending feature, CRED has tied up with RBI-approved non-banking financial company Liquiloans.
- In 2017, the Reserve Bank of India had brought this service under its regulatory purview.
- Even at the time, there were more than 20 P2P lending players in the market but RBI’s regulations ensured only the serious ones with watertight business models remained in the sector.
Important Info :
Risks associated with P2P lending
- One of the biggest risks associated with this kind of lending is the non-repayment of loans. Given that P2P lending is a form of unsecured loan, there is no guarantee put up by the borrower for the lender to redeem in case of a default.
- However, the unsecured nature of the loan is also the reason behind the high return on investment compared to other debt instruments.
Source : Indian Express
6. HIV VACCINE
Moderna, the Massachusetts-based American biotechnology company, has indicated that it may begin human trials for a vaccine for HIV (human immunodeficiency virus) in September, employing the same m-RNA platform that it has used in its COVID-19 vaccine.
About:
- Formally known as mRNA-1644, it is made in a way to stimulate the B cells of the immune system. These are a class of white blood cells that produce antibodies which can bind to invading bacteria and viruses.
- The larger purpose of stimulating the B cells is to generate what are called broadly neutralising antibodies (bnAbs), which are specialised blood proteins that attach to the surface proteins of HIV and disable them by accessing key but hard-to-reach regions on the virus.
- Over the last decade, there have been advances in identifying new bnAbs from HIV-infected individuals that were seen to target very specific sites in the outer envelope of the HIV.
- Lab-based analysis and tests on animals have improved the understanding of how the knowledge of these sites can be used to make immunogens (or parts of a virus or bacteria that elicit an antibody response from the immune system. In the case of a coronavirus, for instance, the spike protein is an immunogen against which different vaccines elicit antibodies.)
- One such immunogen that has been designed in the lab is eOD-GT8 60mer, developed by the International AIDS Vaccine Initiative (IAVI) and its partners.
Source : The Hindu
7. ACETABULARIA JALAKANYAKAE
A team of marine biologists from the Central University of Punjab have discovered a new species of marine green algae from Andaman and Nicobar Islands.
About:
- It has been named Acetabularia jalakanyakae.
- Jalakanyaka in Sanskrit literally means mermaid and a goddess of oceans. The scientists say they were influenced by the fictional character Little Mermaid in the the fairy tale “The Little Mermaid” by Danish writer Hans Christian Anderson.
- The main feature of the newly discovered species is that the plant is made up of one gigantic cell with a nucleus.
Source : BBC
8. PIPERINE
Every kitchen in India makes use of turmeric in its meal, in one form or another. The actual turmeric slices or turmeric powder that we use every day in preparing our meals (as Haldi, Manjal, Pasupu, Arishina, Halud) has about 3% of the active component molecule called curcumin, a polyphenol diketone (and not a steroid).
About:
- Researchers point out that there is another molecule in turmeric called piperine, which is an alkaloid, responsible for the pungency of pepper that we use every day in our cooking, along with turmeric.
- Piperine enhances curcumin absorption in the body. It gives turmeric its multivariate healing and protective power.
Source : The Hindu
9. ZyCoV-D
Zydus Cadila has received approval for Emergency Use Authorization (EUA) from the Drug Controller General of India (DCGI) for ZyCoV-D on 20/08/2021.
About:
- It is the world’s first and India’s indigenously developed DNA based vaccine for COVID-19 to be administered in humans including Children and adults 12 years and above.
- Developed in partnership with the Department of Biotechnology, Government of India under the ‘Mission COVID Suraksha’ and implemented by BIRAC, ZyCoV-D has been supported under COVID-19 Research Consortia through National Biopharma Mission for Preclinical studies, Phase I and Phase II Clinical Trials and under the Mission COVID Suraksha for Phase III Clinical Trial.
- This 3 dose vaccine which when injected produces the spike protein of the SARS-CoV-2 virus and elicits an immune response, which plays a vital role in protection from disease as well as viral clearance. The plug-and-play technology on which the plasmid DNA platform is based can be easily adapted to deal with mutations in the virus, such as those already occurring.
Source : PIB