Ministry of Power Current Affairs - 2019
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The Asian Development Bank (ADB) has approved Lining Project of Son canal in Shahabad-Bhojpur region of Bihar. The estimated cost of this project is US $503 million (Rs 3272.49 crore) out of which US $352 million is being provided by ADB. This project on completion will bring immense benefits to agriculture sector of Shahabad – Bhojpur region of Bihar. Ministry of Power has requested ADB and Ministry of Finance to expedite and tender for first phase of lining of the main canal and branches by October 2018.
Asian Development Bank (ADB)
ADB is a regional development bank which aims to promote social and economic development in Asia. It was established in December 1966. It is headquartered in Manila, Philippines. It has total 67 members, of which 48 are from within Asia and the Pacific and 19 outside. The ADB’s main objective is to assist its members and partners, by providing loans, technical assistance, grants, and equity investments to promote social and economic development.
The ADB has been modelled closely on the lines World Bank. It has similar weighted voting system where votes are distributed in proportion with members’ capital subscriptions. As of 2014, Japan was largest shareholder (capital subscription) of ADB having 15.7% shares followed by US (15.6%), China (6.5%), India (6.4%), and Australia (5.8%).
Tags: ADB • Asian Development Bank • Bihar • Lining Project of Son Canal • Ministry of Power
The Union Ministry of Power is considering making 24 degrees celsius as mandatory default setting and labeling of air conditioners within few months. This has been planned after six months campaign was launched to promote energy efficiency in the area of air-conditioning.
The campaign was launched on voluntary basis to increase awareness and encourage consumers to adopt the guidelines. It will result in substantial energy savings and also reduce greenhouse gas emission. Every one degree increase in temperature of air-conditioner results in saving of 6% of electricity consumed.
After 4-6 months of awareness campaign, followed by survey to gather public feedback, Ministry of Power will consider proposal of making labeling of optimum temperatures in ACs mandatory. Labeling of optimum temperature setting of air conditioners by manufacturers will benefit of consumers, both from the financial and health point of view. It will also result in savings of 20 billion units of electricity per year.
The normal human body temperature is approximately 36-37 degree Celsius. Lower temperature around 18-21 degree Celsius controlled by air conditioners especially in large number of commercial establishments such hotels and offices is not only uncomfortable but is also unhealthy. Setting lower temperature in the range of 18-21 degree Celsius compels people to wear warm clothing resulting in wastage of energy.