SOLAR FOR INDIA’S TRAINS

Indian Railways Plans 1,000 Megawatts of Solar Energy Projects

Ganesh Nagarajan, February 26, 2015 (Bloomberg News)

“…[The Indian Railways network] plans 1,000 megawatts of solar-power projects in the next five years…Developers can use the railway land and buildings to set up solar panels…Prime Minister Narendra Modi is asking state-run companies to start investing in clean energy as the world’s second-most populous nation targets 100 gigawatts of solar capacity by 2022. India’s armed forces will set up 300 megawatts of photovoltaics by 2019…Indian Railways will use solar power to light up stations and office buildings…[It will solicit] bids from generators and power exchanges, resulting in savings of 30 billion rupees ($485 million). Funds will be available for the solar project…” click here for more

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