Haryana Rail Infrastructure Development Corp. Ltd (HRIDC), a joint venture company of Govt. of Haryana and Ministry of Railway, has signed an agreement with Railway Energy Management Company Ltd (REMCL) to develop renewable energy projects in the state.
REMCL is a joint venture between the rail ministry and RITES Ltd.
Under the agreement, the two companies will collaborate explore areas of renewable energy projects (wind, solar and hybrid) related to net-zero carbon emission targets of the Indian Railways.
Both the companies would leverage their strengths to explore in sectors and thematic areas involving various types of project advisory services assignments related to renewable energy projects (wind, solar, hybrid) in India.
HRIDC managing director Rajesh Agarwal said that it would identify green energy projects in Haryana for the purpose of obtaining technical expertise of consultancy, execution and implementation through developers by REMC in their territories.
