Shimla : SJVN today entered into an MOU with REMC and BHEL for Development of Renewable Energy Projects for Indian Railway. The signing of agreement could usher in a new era of more efficient consumption of Power in Railways, while also leading to more competitive tariffs, for the overall benefit of consumers.
The MOU was signed by R K Gupta, CGM, BDE SJVN , Rupesh Kumar, GM, REMC and Shri Sudripto De, AGM, BHEL. On this occasion, A K Singh, Director (Finance) SJVN , Ajay Kumar Singhal, CEO, REMC and other officers of SJVN, BHEL and REMCL were also present.
SJVN chief Nand Lal Sharma said under the MOU signed today, all the parties will work together to leverage their core strength in project development for establishment of Renewable Energy Projects for use by Indian Railway.
SJVN has an ambitious target for development of RE Energy. This deal will be a step towards in meeting SJVN target of RE Energy as well as Indian Railway target of becoming Net Zero Carbon Emission Mission by Year 2030.