Potential offtaker

Noida Metro Rail Corporation Ltd

www.nmrcnoida.com

N/A
N/A
Which other companies from India are actively involved in decarbonization initiatives?
  • JSW Cement
  • Gujarat State Petronet Limited
  • J.K. Lakshmi Cement Ltd.
  • Mahindra Logistics Ltd.
  • Delhi Metro Rail Corporation Limited
  • Infosys
  • Noida Metro Rail Corporation Ltd (NMRC) is a public sector undertaking established by the Government of India to operate and maintain the metro rail system in Noida and Greater Noida, two satellite cities in the National Capital Region of India. The company was incorporated in 2013 and is responsible for the design, construction, operation, and maintenance of the metro rail system, which serves as a vital transportation link for the residents of the region.

    One of the key priorities of NMRC is to promote sustainable and environmentally friendly transportation solutions. In line with this objective, the company has implemented various initiatives to reduce its carbon footprint and promote decarbonisation. One of the most significant steps taken by NMRC in this regard is the adoption of renewable energy sources to power its operations.

    NMRC has installed solar panels at its metro stations and depots to generate clean energy and reduce its reliance on grid electricity. The company has also signed a corporate power purchase agreement (PPA) with a solar power developer to procure renewable energy at a fixed price for a period of 25 years. This initiative has not only helped NMRC to reduce its carbon emissions but has also resulted in significant cost savings.

    In addition to promoting renewable energy, NMRC has also implemented energy-efficient measures to reduce its energy consumption. The company has installed LED lights at its metro stations and depots, which consume less energy and have a longer lifespan than traditional lighting systems. NMRC has also implemented a system to monitor and control its energy consumption, which has helped the company to identify areas where energy can be saved.

    Apart from its efforts to promote sustainable transportation solutions, NMRC is also committed to promoting corporate social responsibility (CSR) initiatives. The company has undertaken various CSR projects, including the construction of public toilets, the installation of water coolers, and the provision of free Wi-Fi at its metro stations. NMRC has also provided employment opportunities to local residents and has implemented various measures to promote the safety and security of its passengers.

    NMRC is a progressive and socially responsible company that is committed to promoting sustainable transportation solutions and reducing its carbon footprint. The company's initiatives to promote renewable energy, energy efficiency, and CSR have not only helped to reduce its environmental impact but have also contributed to the economic and social development of the region. As NMRC continues to expand its operations and serve more passengers, it is likely to play an increasingly important role in promoting sustainable and environmentally friendly transportation solutions in India.

    ✓ Current offtaker under Corporate PPA's