Cabinet approves MoU with UK  for improving Indian Railways

The program aims at bringing structural reforms in Indian Railways and promote integration of renewable energy into the electricity grid
Cabinet approves MoU with UK  for improving Indian Railways

New Delhi: The Union Cabinet, chaired by Prime Minister Narendra Modi, has given a green signal for signing a Memorandum of Understanding (MoU) with the Department for International Development (Government of United Kingdom) to help Indian Railways become self-sufficient for its energy needs. Both the parties will do energy planning for Indian Railways that includes solar & wind energy sector, adopting energy efficiency practices, enabling fuel efficiency, electric vehicle charging infrastructure deployment, battery-operated Shunting Locomotives. 

According to an official release, the programme aims at bringing structural reforms and the integration of renewable energy into the electricity grid.

"To be more specific, it aims to achieve more sustainable and inclusive economic growth, better energy security and reduced carbon emissions," the release said.

The MoU between Indian Railways and the UK was based on the following understanding:

  1. The Parties agree on the scope of activities to be undertaken as a part of the endeavour for enabling energy efficiency and energy self-sufficiency for the Indian Railways.
  2.   Each Participant will, subject to the laws, rules, regulations and national policies from time to time in force governing the subject matter in their respective countries, endeavour to take necessary steps to enable energy efficiency and energy self-sufficiency for Indian Railways.
  3.   The parties agree for Energy planning for Indian Railways i.e. Solar & Wind Energy sector, Adopting energy efficiency practices, Enabling Fuel efficiency, Electric Vehicle charging infrastructure deployment, Battery operated Shunting Locomotives. Capacity development like training programmes, industrial visits, field visits etc. or any other form co-operation may be approved in writing by the Participants.
  4. The Participants will coordinate the activities, as appropriate, under this MoU. Nothing in this MoU will be construed to prejudice existing or future arrangements for co­operation between the participants.
  5.   Blither participant may request in writing a revision, modification or amendment to all or any part of this MoU. Any revision, modification or amendment approved by the Participants will form part of the revised MoU. Such revision, modification or amendment will come into effect on such date as may be determined by the Participants.
  6.   This Memorandum of Understanding shall come into force on its signing by the duly authorized representatives of the Parties and any of the Party may terminate this MoU by written communication addressed to the other, in which case, termination of MoU shall take effect six months after receipt of such written communication.
  7. The termination of this MoU will not affect the implementation of ongoing projects and / or programmes which have been agreed before the date of the termination of this MoU. Necessarily, areas of cooperation and forms of cooperation will continue to be enforced for ongoing projects and programmes which have been agreed before the date of the termination of this MoU.
  8. Any dispute or difference between the Parties shall be settled through mutual consultations and negotiations between the participants.
logo
PSU Watch
psuwatch.com