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News Entry# 287017
Nov 28 2016 (18:19)  ReNew Power to set to solar rooftop for Indian Railways (
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News Entry# 287017     
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KOLKATA: ReNew Power Ventures, a
renewable energy development company,
won bids for 5 MW solar installations across
various locations for the Indian Railways.
The company will be investing close to Rs
35 crore in these projects which will supply

energy to Railways through a 25­year
power purchase agreements. 
This is the first set of allocations by Indian
Railways to any company under PPA mode.
Out of the total 5 MW allocation under
various zones, 1 MW has been allocated by
North Central Railway division for
Allahabad & Kanpur, 1 MW has been allocated by South Western Railway division for
Bengaluru & Hubli. Another 1 MW has been allocated by East Coast Railway division for
Vishakhapatnam and 2 MW has been allocated by South Eastern Railway division for
Kharagpur, Adra, Chakradharpur and Jamshedpur. 
Installations will be carried out to a large extent on station buildings, railway offices,
workshops amongst other building premises. In total, these projects will generate more
than 7 million units of power annually and offset over 6000 tonnes of carbon emissions
every year. The transaction will also result in significant saving in energy cost for Indian Railways without any investment
ReNew Power has close to 3,000 MW of commissioned and under­construction clean
energy capacity across Delhi, Gujarat, Haryana, Punjab, Madhya Pradesh, Rajasthan,
Maharashtra, Karnataka, Telangana, Jharkhand, Uttar Pradesh, West Bengal, Tamil
Nadu, Himachal Pradesh and Andhra Pradesh.
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