Railways to set up 3GW solar capacity on vacant land
NEW DELHI : In what will add further heft to India’s credentials as a clean energy champion, state run Railway Energy Management Company Ltd. (REMCL) will tender, supervise and manage electricity supply from 3 gigawatt (GW) of solar plants that will be built on vacant Railway’ land.
In the union budget presented earlier this year, finance Minister Nirmala Sitharaman had proposed to set up large solar power capacity alongside rail tracks, on land owned by Railways.
“The project will be divided into 3 phases of 1 GW each. First and third phase of 1 GW each will be on PPP basis under Design, Build, Finance, Operate and Transfer model.
