Speaking with EQ magazine on the Railway budget 2016, Mr. Hitesh Doshi – Chairman, welcomed the announcement by the Railway Minister on setting up solar plants of 1000 MW.‘Indeed, it’s a welcome move and especially the announcement that Railways would also consider subsidy / Viability gap funding support of MNRE. Indian Railways have a huge electricity consumption and adding a renewable source like Solar would go a long way in creating sustainable growth , without increasing the carbon foot print.
Railways have a huge pile of land across the country and utilizing some part of it for putting up Solar Plants would be a step in right direction. Railway provides an wonderful opportunity to populate the use of Solar Energy across the nation.Waaree is fully geared up to meet the requirements from Indian railways and is also exploring the possibility of bringing in innovative technology to meet the varied requirements from Railways.
