REMC Ltd, a subsidiary of RITES Limited, organised a virtual seminar titled ‘Emerging Trends of Energy Transition in Indian Railways’ to celebrate its ninth Foundation Day on August 16.
VG Suresh Kumar, CMD (Addl. Charge)-RITES Ltd and chairman of REMC Ltd, presided over the inaugural function as the chief guest. REMC Ltd was founded in 2013.
On the occasion, Kumar said, “REMC Ltd is committed to delivering sustainable energy. Over the past eight years it has worked extensively for the power procurement for Indian Railways and establishment of solar and wind plants across the nation. During Q1FY22, the company has achieved the highest-ever turnover of `24.9 crore so far in any quarter since its formation.”
The inaugural session was followed by a technical seminar on ‘Emerging Trends of Energy Transition in Indian Railways’ wherein papers in the fields of solar power, wind power, hydropower, power planning and scheduling were presented by industry experts.
BP Nayak, the finance director of RITES Ltd, Manish Gupta, ED/EEM of Railway Board, Ajay Kumar Singhal, CEO of REMC Ltd and other senior officials of RITES and REMC were also present at the occasion.