Sembcorp (Green Infra Wind Energy) has won Railway Energy Management Company Limited’s (REMCL’s) auction for 50 MW of wind power. This capacity was awarded to Sembcorp following a tariff-based bidding process to meet the energy needs of railways for traction in the state of Maharashtra. Sembcorp was awarded the entire 50 MW capacity with a tariff of Rs 3.11 per kWh. Tunga Renewable Energy quoted a Rs 3.38 per kWh tariff, while Adani Renewable Energy quoted a tariff of Rs 3.36 per kWh. Azure Power India and TEQ Green Power IX were two other companies that participated in the auction.
In 2018-19, Indian Railways consumed 17,862 TWh of power and 2,749 billion litres of diesel, making it one of the country’s largest power consumers and third-largest diesel users. Four per cent of the country’s total greenhouse gas emissions are attributed to this sector.
In April 2022, SJVN signed a MoU for the development of renewable energy projects with two other state-owned companies: engineering firm Bharat Heavy Electricals Limited and REMCL. The MoU would have two direct impacts. On one hand, it would assist SJVN in attaining its renewable energy target. On the other hand, it would help the Indian Railways reach its objective of becoming a net-zero carbon emitter by the end of this decade.