18 Apr 2024 PIB
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TABLE OF CONTENTS
1. Indigenous Technology Cruise Missile (ITCM) 2. IREDA
1. Indigenous Technology Cruise Missile (ITCM)
Syllabus: GS-3, Security & Defence
Prelims: Indigenous Technology Cruise Missile (ITCM), DRDO
Context:
Indigenous Technology Cruise Missile successfully flight-tested by DRDO off the Odisha coast.
Details:
- DRDO conducted a successful flight test of the Indigenous Technology Cruise Missile (ITCM) from the Integrated Test Range (ITR), Chandipur off the coast of Odisha.
- The missile performance was monitored by several Range Sensors like Radar, Electro-Optical Tracking System (EOTS) and Telemetry deployed by ITR at different locations to ensure complete coverage of the flight path. The flight of the missile was also monitored from the Su-30-Mk-I aircraft of the Indian Air Force.
- This successful flight test has also established the reliable performance of the indigenous propulsion system developed by the Gas Turbine Research Establishment (GTRE), Bengaluru.
About ITCM:
- The missile is developed by Bengaluru-based DRDO laboratory Aeronautical Development Establishment (ADE) along with contributions from other laboratories and Indian industries.
- This subsonic long-range land-attack cruise missile, with a canister-launch system, will eventually be one of the mainstays of the tri-service Integrated Rocket Force to be raised for conventional (non-nuclear) combat capabilities and deterrence.
- India’s four-year-long military confrontation in Eastern Ladakh with China as well as ongoing conflicts such as the Russia-Ukraine conflict have underscored the need for long-range precision vectors and led India to begin the groundwork for the proposed Integrated Rocket Force (IRF).
- The ITCM is a cruise missile in the IRF’s arsenal. Cruise missiles, as opposed to ballistic missiles, are designed to fly at low altitudes, almost hugging the surface, to evade enemy radars and missile defence systems. The IRF will have a mix of conventional cruise missiles and ballistic missiles.
2. IREDA
Syllabus: GS-3, Economy
Prelims: IREDA, GIFT City
Mains: Initiatives towards green hydrogen and renewable energy manufacturing
Context:
IREDA’s GIFT City office to boost Green Hydrogen and Renewable Energy Manufacturing Projects.
Details:
- The Indian Renewable Energy Development Agency (IREDA) has opened an office in GIFT City, Gandhinagar, specialising in providing debt options denominated in foreign currencies.Â
- This will facilitate natural hedging and significantly reduce the financing costs for Green Hydrogen and Renewable Energy Manufacturing projects.Â
- Energy storage is expected to play a huge role in achieving the National Green Hydrogen Mission’s ambitious target of over 5 million metric tons per annum (MTPA) Hydrogen production by 2030.Â
- India has taken active steps in this direction, which include the formulation of a storage requirement roadmap up to 2047, technology-agnostic storage tenders, and supportive government interventions for battery manufacturing and pumped storage hydropower projects.
- IREDA has been at the forefront of renewable energy financing through the provision of innovative products for emerging technologies at competitive rates and is committed to supporting the deployment of energy storage technologies in India.
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