India extends deadline to exchange Rs 2000 Notes, Green Hydrogen bus with zero emissions
India extends deadline to exchange Rs2,000 notes
New Delhi, 1st October 2023 – India extends deadline to exchange Rs 2000 Notes:
The Reserve Bank of India ordered the withdrawal of the Rs2,000 note on May 19, giving people until the end of September to exchange or deposit Rs3.56 trillion ($42.9 billion) at banks across the country. But as of Friday, notes worth Rs140 billion ($1.7 billion) remained unaccounted for, the central bank said in a statement on its website.
“As the period specified for the withdrawal process has come to an end, and based on a review, it has been decided to extend the current arrangement for deposit or exchange of 2000 banknotes until October 07, 2023,” the RBI said.
From October 8, banks will not accept these notes anymore, but they can be exchanged, up to a maximum 10 notes or Rs20,000 at a time, at 19 RBI issue offices. People can also return the notes at the RBI offices, “for credit to their bank accounts in India for any amount.
India extends deadline to exchange Rs 2000 Notes
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India’s first green hydrogen bus with zero emissions..
Setting the ball rolling, India’s first hydrogen cell bus has been flagged off in Delhi, with another 15 such buses expected to ply on NCR roads by the end of this year.
Its only emission will be water vapour, with zero polluting gases being released! Here are some interesting facts
– > 4 hydrogen cylinders of 30 kg capacity can run these buses for 350 km and it takes 10 minutes to fill the 4 tanks.
> Green hydrogen fuel has 3X energy density, thereby making it not just cleaner but also more energy efficient.
> 9 kg of deionised water and 50 units of renewable electricity is all that’s needed to produce 1 kg of green hydrogen.
> Indian Oil Corporation Limited (IOCL) has partnered with Tata Motors to handle this green hydrogen fuel cell bus project.
> A dispensing facility in Faridabad will produce green hydrogen via electrolysis using solar PV panels.
The Indian Institute of Science in Bengaluru is already working on making green hydrogen from biowaste without power.
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