India Become World’s Third Largest Solar Power Generator

• India surpassed Japan and become the world’s third-largest solar power generator in 2023 according to a report by the global energy think tank, Ember.
• India ranked ninth in 2015 and has substantially expanded its solar generation capacity.
• The report indicates that its share of solar power surged from 0.5 percent in 2015 to 5.8 percent in 2023.

L&T Elevated R. Shankar Raman as President

• Larsen and Toubro (L&T) elevated R. R. Shankar Raman as President.
• Currently, he is a whole-time Director and CFO of L&T and will continue to hold his existing role in the company.

IREDA Established Subsidiary in GIFT City

• The Indian Renewable Energy Development Agency Ltd (IREDA) has incorporated a wholly owned subsidiary in the International Financial Services Centre (IFSC) located in GIFT City, Gujarat.
• The subsidiary aims to extend IREDA’s global outreach by securing competitive funding from international markets and driving growth within the renewable energy sector.

Vice Admiral Sanjay Bhalla Appointed as the Chief of Personnel of Indian Navy

• Vice Admiral Sanjay Bhalla, AVSM, NM assumed charge as the Chief of Personnel of the Indian Navy.
• He has held several specialist, staff and operational appointments, both afloat and ashore.