Indian Railways organized Renewable Energy Investors Meet
On 9th January 2020, a Renewable Energy Investor’s Meet was organized in New Delhi by Indian Railways and a joint venture of Ministry of Railways & RITES Limited i.e Railway Energy Management Company Limited (REMCL) with an objective to spread information widely about the opportunities available under renewable energy in Indian Railways.
Key benefits of partnering with Indian Railways and the experience of developers with Railways were displayed in the Investor’s meet. Leading financiers and institutions as well as leading renewable energy organizations attended the meet and shared their belief of being partners and admitted the Indian Railway’s effort in taking the development of renewable energy to greater heights in the country and conveyed their strong support on the path of achieving the target of net-zero carbon emission and going green by 2030.
Member Traction of Railway Board, Rajesh Tiwari, chaired the meet and presented an overview of the power scenario of Railways and stakeholder’s opportunities in the renewable energy sector and also mentioned about the steps being adopted by Indian Railways which will reduce the cost of power procurement.