Railway Energy Management Company Limited is incorporated on 16th August, 2013 under the companies Act 1956 (No. 1 of 1956),as a joint venture (JV) company of Ministry of Railways Limited with equity participation in the ratio of Indian Railways( 49%) & RITES Limited (51%) .The company has been formed to tap the business potential in the energy sector including green energy, power trading etc by setting up of renewable energy wind power projects, synergizing the technical resource base of both the organizations i.e. Ministry of Railway and RITES Limited.

REMCL's main objective is to explore business opportunities in Green Energy including generating and selling its power and providing consultancy in economical power procurement for Railways based on competitive bidding and through energy exchanges.

 

 

Potential Business Area of REMCL:

 

• Green Energy project for Rlys- Wind & Solar energy project.

 

• Cost efficiencies in energy management.

 

• Consultancy business-wind & solar.

 

• Energy Efficiency for Indian Railways.
 
• Power Procurement & its management