Indian Railways, USAID collaborate for energy efficiency solutions

New Delhi, June 23 (KNN) The Indian Railways has entered into an agreement with the United States Agency for International Development/India (USAID/India) to foster collaboration on clean energy and energy efficiency solutions.

The MoU was signed on June 14 in the presence of Naveen Gulati, Member (Traction and Rolling Stock), Railway Board, Indian Railways, Isabel Coleman, Deputy Administrator, USAID and Anil Kumar Lahoti, Chairman & CEO, Railway Board.

Under the partnership, both sides will jointly work on long-term energy planning, formulation of an Energy Efficiency Policy and Action Plan for IR Buildings, clean energy procurement strategies, addressing regulatory barriers, and bid design for large-scale renewable procurement.

Additionally, the partnership will focus on promoting e-mobility and conducting joint events, conferences, and capacity-building programs.

USAID, an agency of the U.S. Government, plays a crucial role in supporting international development and advancing various mission objectives, including clean energy, climate change mitigation and adaptation, and economic growth.

This collaborations between the Indian Railways and USAID/India is a major milestone in their shared objective of achieving Net Zero Carbon Emission by 2030.  (KNN Bureau)