RMC Green Energy Pvt Ltd, a wholly-owned subsidiary of RMC Switchgears Limited, has received a significant approval from the Rajasthan Renewable Energy Corporation to establish a 50 MW Renewable Energy Park in Rajasthan. This development marks a major milestone for RMC Switchgears as it continues to solidify its presence in the solar energy sector, operating as a renewable Independent Power Producer (IPP).
This approval falls under the Rajasthan Renewable Energy Policy 2023 and represents a strategic move by RMC Green Energy to enter the Solar Park business. The company is not just stopping at 50 MW; it is actively pursuing additional tenders exceeding 600 MWp, with an ambitious goal of securing 1 GWp in Engineering, Procurement, and Construction (EPC) contracts over the next 18 months. By collaborating with experienced installation and commissioning experts across various states, and leveraging its in-house team of skilled designers and supervisors, RMC is positioning itself at the forefront of India’s green energy revolution.
Ankit Agrawal, CEO and Whole-Time Director of RMC Switchgears Limited, expressed his enthusiasm about the approval, stating, “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 our first 50 MW Renewable Energy Park is a testament to our commitment to participating in the strategic fossil energy substitution within India.”
RMC Switchgears Limited’s expansion into renewable energy is a critical part of its strategy to contribute to India’s climate action commitments under the Paris Agreement. The company’s efforts align with India’s national goal of achieving 450 GW of renewable energy capacity by 2030. By focusing on solar projects, RMC is not only reducing carbon emissions but also fostering economic growth and creating green jobs. These initiatives underscore RMC’s commitment to innovation, sustainability, and helping India meet its environmental targets.
