RMC Switchgears’ Subsidiary Gets Nod for 50 MW Solar Park in Rajasthan

On August 20, 2024, RMC Switchgears Limited announced that its subsidiary, RMC Green Energy Pvt Ltd, has received approval from the Rajasthan Renewable Energy Corporation to develop a 50 MW Renewable Energy Park in Rajasthan.

The company stated that this development marks a significant step for RMC Switchgears in the solar park sector, as it operates as an Independent Power Producer (IPP) in the renewable energy space.

The company is actively pursuing additional tenders exceeding 600 MWp and is engaging with both public and private sector entities to secure 1 GWp in EPC contracts within the next 18 months. By collaborating with experts in installation and commissioning across various states and utilising its in-house team of skilled designers and supervisors, RMC is positioning itself as a leader in the green energy sector.

This initiative not only strengthens RMC Switchgears Limited’s role in advancing renewable energy but also supports India’s climate action goals under the Paris Agreement. The company’s dedicated Business Development unit is continuously exploring new opportunities, aligning its efforts with India’s target of achieving 450 GW of renewable energy capacity by 2030.

RMC’s expansion into solar projects will help reduce carbon emissions, stimulate economic growth, and create green jobs, thereby contributing to India’s status as a global leader in renewable energy technologies. This move highlights RMC’s commitment to innovation and sustainability and underscores its role in supporting India’s environmental objectives.

Commenting on this development, the CEO and Whole-Time Director of RMC Switchgears, Mr Ankit Agrawal, said, “This approval marks a pivotal step in our journey as we transition into a renewable energy company, with solar plants as IPPs and EPC contracts for solar as our primary focus. Establishing its first 50 MW Renewable Energy Park is a testament to our commitment to participating in the strategic fossil energy substitution within India.”

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