TERI, REMC join hands to make Indian Railways greener

03 Aug 2022 CW Team

The Energy and Resources Institute (TERI) will collaborate with REMC for developing green projects of Indian Railways. REMC is a joint venture of the Ministry of Railways and RITES Ltd.

Under the memorandum of understanding signed between the two organisations this week, they will collaborate on areas related to green building, performance audit, energy efficiency projects, and research work related to net-zero targets of the railways.

In a statement, TERI said it would collaborate with REMC for capacity building and development of renewable energy projects for Indian Railways. "The effort would also be to build capacities of the railway professionals in the field of sustainability and technical know-how," it added.

Vibha Dhawan, Director General of TERI, said the railways have a pivotal role to play in the country's efforts to reduce emissions and the collaboration would further the effort in the decarbonisation initiative of REMC and the Ministry of Railways.

"In its endeavour of energy transition and to achieve the set targets of Indian Railways on decarbonisation, a net zero carbon emitter by 2030, the association and competency of TERI with their research and analytical work would certainly merit us for deliverance with proficiency," Ajay Kumar Singhal, Chief Executive of REMC, said.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..