RM Nachammai becomes first woman Chief Superintendent of functional Nuclear Power Corporation of India Ltd (NPCIL) nuclear plant.
[Nuclear Power Corporation of India Ltd]
Key Updates:
- RM Nachammai assumed charge as Chief Superintendent of Kaiga Generating Station Units 3 and 4 effective March 15.
- She is the first woman to head operations of a functional NPCIL nuclear power plant.
- Nachammai joined NPCIL in 1991 and has over 35 years of experience in nuclear power plant operations.
- She received the Vikram Sarabhai Award for topping the second batch of NPCIL engineer trainees.
- Nachammai was awarded the NPCIL Special Contribution Award in 2010, 2014, and 2017.
- Kaiga Nuclear Power Station currently operates four 220 MWe Pressurized Heavy Water Reactors with a total installed capacity of 880 MW.
- NPCIL employs nearly 10,000 people, of whom about 900 are women.
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- Shri A. K. Balasubrahmanian took over charge as Chairman of the Atomic Energy Regulatory Board (AERB) on January 01, 2026.
- He succeeded the outgoing Chairman, Dr. D. K. Shukla.
- Before joining AERB, he served as Chairman of the Project Design Safety Committee for Pressurized Heavy Water Reactor (PHWR)–based Nuclear Power Plants (NPPs) and as a Member of the Safety Review Committee for Operating Plants of AERB.
- He has earlier served as Director (Technical) on the Board of Nuclear Power Corporation of India Limited (NPCIL).
- He is a mechanical engineer with training in nuclear engineering and is a Fellow of the Indian National Academy of Engineering (FNAE).
- He has nearly 40 years of experience in the design, development, safety assessment, construction, and commissioning of Nuclear Power Plants.
- The AERB was constituted on November 15, 1983, by the President of India under the Atomic Energy Act, 1962.
- Harsharan Kaur Trehan assumed charge as Director (Commercial) of Punjab State Power Corporation Limited (PSPCL) on 21 February 2026.
- She is the first woman technocrat to reach board level in PSPCL.
- Her appointment order was issued on 20 February 2026 by Basant Garg, Secretary, Power, Punjab Government, for a two-year tenure.
- Trehan had earlier become the first woman Engineer-in-Chief of PSPCL in May 2021 and retired from that post in October 2022.
- She joined the erstwhile Punjab State Electricity Board as an Assistant Engineer in 1987 after graduating from Delhi College of Engineering.
- Nivedita Dubey assumed charge as Member (Human Resources) at the Airports Authority of India (AAI).
- She became the first woman to serve on the Board of AAI.
- Her previous role within AAI was Regional Executive Director for the Eastern Region.
- She brings over 30 years of experience spanning airport operations, administration, and people management.
- The partial restart of the Kashiwazaki-Kariwa plant, the world’s largest nuclear power facility, received approval in a vote by the Niigata local government.
- Kashiwazaki-Kariwa is the first plant to be operated by Tokyo Electric Power Co (TEPCO) since the 2011 Fukushima disaster.
- The Ministry of Economy, Trade and Industry (METI) estimates that reactivating the first of seven reactors could boost the electricity supply to the Tokyo area by 2 percent.
- Japan spent 10.7 trillion yen ($68bn) last year on imported liquefied natural gas and coal, representing one-tenth of its total import costs.
- Prime Minister Sanae Takaichi has backed the reopening of nuclear facilities to strengthen energy security and reduce reliance on fossil fuels that contribute to climate change.
State Bank of India (SBI) launches $500 million syndicated social loan for women empowerment
[State Bank of India (SBI)]
Key Updates:
- State Bank of India (SBI) announced a $500 million syndicated social term loan facility focused exclusively on women’s economic empowerment.
- The facility includes a greenshoe option and was launched ahead of International Women’s Day.
- SBI stated the transaction supports United Nations Sustainable Development Goal (SDG) 5: Achieve Gender Equality and Empower all Women and Girls.
- SBI Chairman C S Setty said the loan reflects the bank’s commitment to Environmental, Social and Governance (ESG) principles and creating opportunities for women.
- SBI noted the facility is expected to become the largest gender-themed loan globally by an Indian financial institution.
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- State Bank of India (SBI) will sign a €150 million credit line with KfW, the German development bank, for financing climate-friendly energy generation projects.
- The agreement is scheduled to be signed on December 16, 2025, at the KfW headquarters in Frankfurt.
- SBI reported a 3% year-on-year increase in Net Interest Income (NII) to ₹42,985 crore for the quarter ended September.
- The net profit of SBI for the September quarter increased by 10% year-on-year to ₹20,160 crore.
- The shares of SBI have gained 21.91% in the past six months and 21.8% in the year so far.
- L&T Finance Ltd (LTF) announced Spoorthi on Women’s Day to provide Home Loans and Loan Against Property (LAP) for business expansion and working capital to women entrepreneurs.
- Spoorthi offers extended tenors up to 25 years for Home Loans and LAP, and up to 12 years for Industrial LAP.
- The programme provides enhanced eligibility norms, higher debt-to-income ratios, lower interest rates, and relaxed business vintage requirements.
- Initial rollout covers Mumbai MMR, Delhi NCR, Bengaluru, Chennai, Pune, Ahmedabad, Kolkata, and Hyderabad.
- Woman borrower must hold at least 50% stake in the business and contribute minimum 50% of total appraised income when clubbed with other borrowers.
- Business must show annual cash profit of at least Rs. 5 Lakhs as per latest Income Tax Return (ITR) and no net loss in the last two years.
- For loans up to Rs. 75 Lakhs, the minimum business vintage requirement is reduced to two years.
- Finance Minister Nirmala Sitharaman announced setting up of community-owned retail outlets named 'Self Help Entrepreneur - SHE Marts' for women SHG members.
- SHE Marts will function within cluster-level federations and be supported through enhanced and innovative finance instruments.
- The initiative builds on the Lakhpati Didi scheme, which has enabled over two crore women SHG members to reach an annual household income of ₹1 lakh.
- The Rural Development Ministry (RD Ministry) targets three crore women SHG members achieving ₹1 lakh annual income by 2027.
National Climate Stack Innovation Challenge to Strengthen Rural Climate Resilience
[National Bank for Agriculture and Rural Development (NABARD)]
Key Updates:
- The National Bank for Agriculture and Rural Development (NABARD) launched the National Climate Stack Innovation Challenge in collaboration with The Gates Foundation and Dalberg Advisors.
- The initiative aims to build a National Climate Stack to strengthen climate resilience in rural India by integrating fragmented climate datasets and forecasting models.
- The challenge seeks proposals for credible near-term (10-15 year) climate hazard forecasting frameworks and practical use-case dashboards for agriculture and rural finance.
- The open call for proposals from research institutions, universities, startups, and private-sector innovators is scheduled for 6th March 2026.
- The screening and shortlisting of high-potential teams based on eligibility and methodology will take place between March and April 2026.
- Shortlisted teams will participate in a 6-8 week guided model development sprint between April and May 2026 to refine climate hazard models.
- Technical validation and jury-led selection of final awardees will be conducted between May and June 2026 based on scientific rigour and scalability.
- The target beneficiaries include the agriculture, rural finance, and public planning sectors in rural India.
- The initiative aligns with the Honourable Prime Minister’s vision of leveraging technology to democratise climate data for a more resilient rural India.
- The Ministry and total budget outlay for the initiative are not specified in the article.
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- The Ministry of Environment, Forest and Climate Change (MoEFCC) is organising 'Him-CONNECT' as part of The Energy and Resources Institute (TERI) World Sustainable Development Summit (WSDS) in New Delhi.
- The event, scheduled from 25th to 27th February 2026, aims to connect researchers in the Indian Himalayan Region (IHR) with start-ups, investors, and policymakers.
- More than 24 technologies, prototypes, and patents developed under the National Mission on Himalayan Studies (NMHS) will be showcased to over 100 start-ups and incubators.
- Participating institutions include Indian Institutes of Technology (IITs) at Guwahati, Roorkee, Jodhpur, Jammu, Ropar, and Mandi, and Council of Scientific and Industrial Research (CSIR) institutions CRRI and IHBT.
- Other innovators represent Central Agricultural University (Imphal), National Institutes of Technology (NITs) at Silchar and Arunachal Pradesh, SKUAST-K, University of Kashmir, TERI-Guwahati, Kumaon University, and G.B. Pant National Institute of Himalayan Environment (NIHE).
- Key innovations on display include eco-friendly road construction, treated wastewater use for hydroponic farming, and conversion of sericulture waste into burn ointments.
- The showcase also features low-cost mineralised water purifiers, pine needle-based wastewater treatment systems, decentralised wastewater reuse solutions, and yak milk cottage cheese processing technologies.
- The platform focuses on critical sectors including water security, climate adaptation, waste-to-wealth, sustainable building, renewable energy, and nature-based livelihoods.
- The NMHS has supported over 250 action-oriented initiatives in the IHR over the last decade to address conservation and sustainable management of natural resources.
- ICAR and NDDB signed an MoU to deepen multidisciplinary research, innovation and capacity building across the entire dairy value chain.
- Partnership focuses on translating science into impact for millions of small and marginal dairy farmers.
- Key technical areas include integrated farming systems, climate resilience, low livestock productivity and value chain development.
- Initiatives will deploy modern technologies emerging from ICAR institutes for fodder, manure management, biogas utilisation and gaushala-based stray cattle management.
- NDDB and ICAR will jointly develop, validate and deploy technologies, share knowledge, run training programmes and create scalable, replicable models across diverse agro-climatic zones.
- Union Minister of Jal Shakti Shri C. R. Patil inaugurated the Jal Shakti Hackathon–2025 and the Bharat-WIN Portal.
- The initiative aligns with Prime Minister Narendra Modi’s ‘Water Vision @ 2047’ for a technologically empowered, sustainable, and water-secure India.
- Bharat-WIN Portal hosted at https://bharatwin.mowr.gov.in democratizes water-sector innovation for startups, MSMEs, industry, research institutions, young innovators, rural youth, women-led enterprises, academia, and global collaborators.
- Hackathon priority domains include water resource management, wastewater treatment and reuse, water-use efficiency & circular economy, smart water monitoring, climate resilience and hydrological modelling, flood & drought forecasting, precision agriculture & farm-level water conservation, revival of traditional water systems, and river-basin and watershed management.
- Winning participants receive ₹1 lakh grant for developing a Proof-of-Concept (PoC), mentorship through national research institutions, and opportunities for piloting and real-world implementation.
- National Institute of Hydrology (NIH), Roorkee, designated as Project Implementation Agency to scrutinize proposals, facilitate expert review, recommend innovations for approval, and support capacity-building and scaling of solutions.
- Grants-in-aid for selected innovations provided under the ‘Research and Development Programme in Water Sector’ and the National Water Mission.
- Mumbai is slated to host the ‘Mumbai Climate Week 2026’ from February 17 to 19, marking India’s first city-led initiative dedicated to fostering local action through citizen-driven solutions.
- UNICEF India and YuWaah have been named the official youth engagement partners for the event.
- The initiative is curated by Project Mumbai in collaboration with UNICEF and YuWaah to empower the next generation to become active agents of change within their communities.
Bharat Electronics Limited (BEL) signs MoU with SASMOS HET Technologies to boost indigenous defence manufacturing
[Bharat Electronics Limited (BEL)]
Key Updates:
- Bharat Electronics Limited (BEL) signed an MoU with SASMOS HET Technologies Limited to strengthen indigenous defence manufacturing capabilities.
- The MoU was exchanged between BEL chairman and managing director Manoj Jain and SASMOS chairman and managing director H G Chandrashekar in the presence of Defence Minister Rajnath Singh.
- The collaboration will focus on localising critical components, increasing domestic value addition and strengthening production capabilities as well as exports.
- The MoU covers high-reliability photonics and fibre optic systems, avionics and mission-critical electronic systems, aerospace-grade interconnect solutions, electro-mechanical assemblies and sub-systems for airborne, naval and land-based platforms.
- The partnership aligns with the government’s Atmanirbhar Bharat and Viksit Bharat initiatives aimed at strengthening domestic manufacturing and defence supply chains.
- BEL shares ended trading 2% higher at ₹469.60 on the NSE and have given a YTD return of 18%.
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- Prime Minister Narendra Modi and visiting Canadian Prime Minister Mark Carney announced the launch of the India-Canada Defence Dialogue after talks in New Delhi.
- Both countries set a bilateral trade target of $50 billion to be achieved by 2030.
- A long-term uranium supply agreement was announced between India and Canada.
- Three Memorandums of Understanding on Critical Mineral Cooperation, Promoting the use of Renewable Energy, and Cultural Cooperation were exchanged by Canadian Foreign Affairs Minister Anita Anand and External Affairs Minister S Jaishankar.
- India and Canada agreed to create the India-Canada Pulse Protein Centre of Excellence in India.
- Canadian Space Agency and Indian Space Research Organisation (ISRO) agreed to cooperate on Earth observation and explore joint initiatives on space exploration and quantum technologies.
- Both nations will advance cooperation on security and law enforcement, focusing on illegal flow of drugs including fentanyl precursors and transnational organised criminal networks.
- Canada and India will conclude a new Comprehensive Economic Partnership Agreement (CEPA) this year following finalisation of Terms of Reference.
- India has moved closer to inking deals to export BrahMos supersonic cruise missiles to Vietnam and Indonesia, which collectively will be worth over Rs 4,000 crore ($450 million).
- Russia, the joint developer of BrahMos missiles, has assured India that it has no objection to the precision-strike weapon being sold to Vietnam and Indonesia.
- The assurance was given during the delegation-level meeting between defence minister Rajnath Singh and his Russian counterpart Andrei Belousov on Dec 4.
- Once the deals are inked, Vietnam and Indonesia will become the other ASEAN countries after the Philippines to buy the air-breathing missiles.
- India had inked a $375 million contract to supply three anti-ship BrahMos coastal batteries to the Philippines in Jan 2022.
- India successfully deployed the BrahMos missiles, whose range has been increased to 450 km from the original 290 km, from Sukhoi-30MKI fighter jets during Operation Sindoor in May.
- India also plans to begin inducting the new 800-km BrahMos from 2028 onwards, with tests currently underway for the extended-range missiles.
- India wants to sell the indigenous Akash air defence missile systems and Pinaka multi-launch rocket systems to the Philippines, Indonesia, Vietnam, UAE, and Brazil.
- India and the European Union (EU) have signed a security and defence partnership pact focusing on maritime domain cooperation and Indo-Pacific engagements.
- The partnership will facilitate stronger participation of the Indian defence industry in the European market.
- An industry-led India-EU Defence Industry Forum will be established with official participation as observers and associating EU member states.
- A dedicated annual EU-India Security and Defence Dialogue has been announced.
- Defence Minister Rajnath Singh stated that the Indian defence industry can contribute meaningfully to the EU's 'ReArm initiative' aimed at diversifying suppliers and de-risking dependencies.
- An MoU was signed between India and Israel to deepen defence ties and strengthen ongoing joint activities, including future seminars and cooperative initiatives.
- The International Defence Cooperation Directorate (SIBAT) within Israel's Ministry of Defense (IMOD) facilitated meetings between leading Indian and Israeli defence industries leading to the signing of the Memorandum of Understanding (MoU).
- SIBAT in cooperation with the Society of Indian Defence Manufacturers (SIDM) and India's Ministry of Defence led a seminar and B2B meetings this week between leading Indian and Israeli defence companies.
- The seminar was led by SIBAT Director, Brig. Gen. (Res.) Yair Kulas, and brought together small, medium and large Israeli and Indian defence companies for substantive engagements.
- The event featured representatives from 30 Indian and 26 Israeli defence companies.
- The Indian delegation was led by Ramesh K, Director General of SIDM, and included J P Singh, Ambassador of India to Israel, and Gp Capt. Vijay Patil, Defence Attache of India to Israel.
- Prime Minister Modi would arrive on February 25 on a two-day visit to Israel.
Defence Research and Development Organisation (DRDO) sanctions ₹99.15 lakh to Bharathiar University (BU) for chemical defence project
[Defence Research and Development Organisation, Bharathiar University]
Key Updates:
- The Defence Research and Development Organisation (DRDO) under the Union Ministry of Defence has sanctioned ₹99.15 lakh to Bharathiar University (BU) for a major chemical defence project.
- The project is titled Development of Novel Antidote(s) for Highly Toxic Organophosphorous Compounds.
- The research will be conducted under the DRDO Industry Academia – Centre of Excellence (DIA–CoE) at BU in Coimbatore.
- The initiative aims to enhance India’s preparedness in dealing with toxic chemical exposure and strengthen national chemical defence capabilities.
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- Department of Scientific and Industrial Research (DSIR) has removed the mandatory three-year viability criteria for deep-tech startups to access up to Rs 1 crore under the Industrial Research and Development Promotion Program (IRDPP).
- Startups must still meet evaluation standards linked to technological maturity.
- The change is intended to accelerate scaling of deep-tech startups and provide early momentum to innovators.
- Defence Research & Development Organisation (DRDO) and Rashtriya Raksha University (RRU) signed a Memorandum of Understanding to foster collaboration in research, education, training and technology support for defence & internal security.
- The MoU was inked by Distinguished Scientist & Director General (Production Coordination & Services Interaction) Chandrika Kaushik and Vice Chancellor, RRU Prof Bimal N Patel in the presence of Defence Minister Rajnath Singh at South Block, New Delhi.
- The collaboration aims to strengthen India's self-reliance in defence and internal security technologies in line with the national vision of Aatmanirbhar Bharat.
- Under the MoU, joint research projects, PhD & fellowship programmes and specialised training & capacity-building programmes for security forces will be undertaken.
- Union Minister Jitendra Singh announced the first national call for the BIRAC–RDI Fund, a ₹2,000 crore financing window under the ₹1 lakh crore Research, Development and Innovation (RDI) initiative.
- The Biotechnology Industry Research Assistance Council (BIRAC) is appointed as the second-level fund manager and will deploy the amount over up to five years.
- The fund will support technologies from TRL-4 to TRL-9 through equity, convertible instruments and long-term debt.
- Phase-1 submissions for eligible startups, SMEs and industry partners close on 31 March 2026.
- India’s biotechnology startups expanded from around 50 in 2014 to more than 11,000 today.
- The bioeconomy grew from about $8 billion in 2014 to $165.7 billion in 2024, targeting $300 billion by 2030 and $1 trillion by 2047.
- Biotechnology experiments using domestically developed kits are being conducted in space for plant and life sciences research.
- Defence Research and Development Organisation (DRDO) celebrated its 68th Foundation Day on January 01, 2026.
- 22 Acceptance of Necessity accorded by Defence Acquisition Council & Services Procurement Board for DRDO systems worth approx. Rs 1.30 lakh crore to be manufactured by Indian Industries in 2025, highest in any single year in history.
- 11 contracts for acquisitions valued at Rs 26,000 crore signed with DRDO production partners.
- Notable systems for which AoN accorded: Integrated Air Defence Weapon System (IADWS), Conventional Ballistic Missile System, Quick Reaction Surface to Air Missile System ‘Anant Shastra’, Long Range Air to Surface Supersonic Cruise Missile (LRASSCM), Integrated Drone Detection and Interdiction System (IDDIS) MK II, Beyond Visual Range Air-to-Air Missile (BVRAAM) Astra Mk-II, Anti-Tank NAG Missile System (Tracked) Mk-2, Advanced Light Weight Torpedo, Processor-based Moored Mine – Next Generation (PBMM NG), Air-borne Early Warning & Control (AEW&C) Mk-1A, Mountain Radars, Full Mission Simulator for Light Combat Aircraft (LCA) Mk-1A.
- Contracts signed for Nag Missile System, Ashwini Low Level Transportable Radar, Air Defence Fire Control Radar (ADFCR), Electronic Warfare Suite for Mi-17 V5 Helicopter, Area Denial Munition (ADM) Type-1, High Explosive Pre-Fragmented (HEPF) Mk-I (Enhanced) for Pinaka MLRS, Infantry Foot Bridge Floating, Wargaming System, Automatic Chemical Agent Detector & Alarm (ACADA), Advanced Towed Artillery Gun System (ATAGS).