New Delhi/Gurugram: REMC Limited, a subsidiary of RITES Limited, organised a virtual seminar titled 'Emerging Trends of Energy Transition in Indian Railways' to celebrate its 9th Foundation Day on August 16. The seminar was organised on the occasion of the 9th foundation day of REMC Limited, as the company has completed 8 wonderful years since its foundation in 2013.
RITES Limited's Chairman & Managing Director (CMD) and Chairman of REMC Limited VG Suresh Kumar presided over the inaugural function as the Chief Guest. Also, RITES' Director (Finance) BP Nayak, Railway Board's Executive Director (EEM) Manish Gupta, REMC's CEO Ajay Kumar Singhal and senior officials of RITES and REMC were also present at the occasion.
On the occasion, Kumar said, "REMC Ltd is committed to delivering sustainable energy. Over the past 8 years, it has worked extensively for the power procurement for Indian Railways and the establishment of solar and wind plants across the nation. During Q1 FY22, the company has achieved the highest-ever turnover of Rs 24.9 crore so far in any quarter since its formation."
The inaugural session was followed by a technical seminar on 'Emerging Trends of Energy Transition in Indian Railways' wherein papers in the fields of solar power, wind power, hydropower, power planning and scheduling were presented by industry experts.
(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)