OVERVIEW

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.

 

VISION

To tap the business potential in the energy sector by synergizing the technical resource base of both the organizations i.e. Railways and RITES.

 

MISSION

Exploring business opportunities in Green Energy, especially in the field of Wind and Solar by installing windmills and solar plants for generating and selling renewable energy, mainly for railways consumption Facilitating cost efficiencies in the energy management for railways through power trading with power exchanges Entering upon the consultancy business in both wind and solar energy projects


OBJECTIVES

To take up various assignments/tasks to develop potential business avenues in the field of power sector including green energy, power trading, other electrical projects etc.