Page 23 - Demo

21Indian Railways (IR), one of the largest consumers of electricity in the country, faces substantial traction power costs, making up a significant amount of its ordinary working expenses. Recognising the need to improve financial viability and reverse the escalating fuel bill trend, REMC Ltd. stepped in, armed with innovation and efficiency.The challenge of managing IR%u2019s electrical power portfolio was daunting, but REMC Ltd. saw an opportunity to transform this narrative. By facilitating cost efficiencies in energy management, we embarked on a mission to streamline how IR procures and utilises power. By exploring business opportunities in green energy%u2014leveraging both wind and solar power%u2014we are not only reducing costs but also steering IR towards a sustainable future.Our journey doesn%u2019t stop at green energy. REMC Ltd. delves into the dynamic world of power trading, engaging with power exchanges and offering consultancy to optimise every watt consumed. Through a systematic and focused approach, we continuously innovate and adopt cutting-edge technologies that align with our goal of alleviating the financial burdens of IR. With 100% electrification, IR is progressing towards meeting Net-Zero Carbon goals and also aspires to lower its fuel procurement cost for improving financial viability.What we do: Economic power procurement and planning for IR Regulatory assistance to IR Renewable energy planning and execution (Wind and Solar energy) Transmission line planning and management Energy-efficiency projects Training and capacity building for IRGreen Energy on Track