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    IAS Diwakar Nath Misra Appointed Government Nominee Director on NTPC Board

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India, U.S. to sign MoU to boost Indian Railways’ Mission Net Zero Carbon Emission by 2030

By: Editorial Desk

by Editorial Desk
January 6, 2024
in News
Reading Time: 2 mins read
India, U.S. sign MoU to boost Indian Railways' Mission Net Zero Carbon Emission by 2030

India, U.S. sign MoU to boost Indian Railways' Mission Net Zero Carbon Emission by 2030

Summarize with:

New Delhi: The Union Cabinet, led by Prime Minister Narendra Modi, has approved the signing of an MoU between India and the United States for International Development/India (USAID/India). The agreement aims to support Indian Railways in achieving Mission Net Zero Carbon Emission by 2030, reducing dependence on imported fuels such as Diesel and Coal.

The MoU serves as a platform for interaction between Indian Railways and USAID/India to share the latest developments and knowledge in the railway sector. It facilitates utility modernisation, advanced energy solutions, regional energy integration, private sector engagement, and training programs focusing on technology areas such as renewable Energy and energy efficiency, fostering the development of a local ecosystem and supporting local product development.

The signed MoU outlines key areas of cooperation, including long-term energy planning, development of an Energy Efficiency Policy and Action Plan for railway buildings, clean energy procurement planning, addressing regulatory barriers, bid design and management for large-scale renewable procurement, support for e-mobility, and collaborative hosting of events and conferences.

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Both parties may request revisions to the MoU in writing, subject to approval. The agreement is effective as of the signing date and is expected to continue for five years or until the effective end of the South Asia Regional Energy Partnership (SAREP), whichever is shorter.

Previously, USAID/India collaborated with Indian Railways on the deployment of rooftop solar across railway platforms.

Also Read More – 

  • Waiting Lists in Trains will soon be a thing of the Past, Indian Railways Plan for Future
Summarize with:

Tags: addressing regulatory barriersagreement aims to support Indian Railwaysbid design and management for large-scale renewable procurementclean energy procurement planningDiesel and CoalIndia U.S. sign MoU to boost Indian Railways' Mission Net Zero Carbon Emission by 2030Indian RailwaysMission Net Zero Carbon Emission by 2030Plan for railway buildingsSouth Asia Regional Energy Partnershipsupport for e-mobilityU.S. sign MoU to boost Indian RailwaysUnited States for International Development/IndiaZero Carbon Emission
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