India, US sign MoU to establish collaboration in greener railways
- IBEF
- June 26, 2023
The Indian Railways signed a Memorandum of Understanding (MoU) on June 14, 2023, with the United States Agency for International Development/India (USAID/India) to collaborate in incorporating greener railway technologies into India.
According to a statement from the Ministry of Railways, the agreement's broad tenets include long-term energy planning, including clean energy for Indian Railways, developing an energy efficiency policy and action plan for railway buildings, planning for clean energy procurement, technical support for addressing regulatory barriers, and bid design and management support for large-scale renewable procurement.
The government intends to make trains the first mode of national transport to reach net-zero carbon emissions by 2030.
The two countries will also co-host events, conferences, and capacity-building programmes in the chosen areas, such as field visits and study tours.
Shifting away from fuel consumption, the ministry has made tremendous gains in electrifying the railway network. Railway Minister Mr. Ashwini Vaishnaw revealed plans to build ultra-mega solar power facilities for the national transporter in the Union budget 2023-2024.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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