Indian Railways is a state-owned enterprise that operates in the rail freight sector in India. It is the largest railway network in Asia and the second-largest in the world, with a total track length of 68,155 kilometers and over 7,000 stations. The company transports a wide range of goods, including coal, iron ore, cement, food grains, and petroleum products, among others.
As the world moves towards decarbonisation, Indian Railways is taking steps to reduce its carbon footprint and promote sustainable practices. The company has set a target of achieving net-zero carbon emissions by 2030, and it is working towards this goal through various initiatives.
One of the key areas of focus for Indian Railways is corporate energy management. The company has implemented several measures to improve energy efficiency and reduce its dependence on fossil fuels. These include the use of energy-efficient lighting, the installation of solar panels at railway stations and offices, and the adoption of regenerative braking technology in trains.
Another important initiative taken by Indian Railways is the adoption of corporate power purchase agreements (PPAs) for renewable energy. The company has signed several agreements with renewable energy developers to purchase power from wind and solar projects. These PPAs not only help Indian Railways to reduce its carbon footprint but also provide a reliable and cost-effective source of energy.
Indian Railways has also taken steps to promote renewable energy generation within its own operations. The company has set a target of installing 20 GW of solar power capacity by 2030, which will be used to power its railway stations, offices, and trains. In addition, Indian Railways is exploring the use of biofuels and hydrogen fuel cells to power its locomotives.
Apart from these initiatives, Indian Railways is also working towards reducing its environmental impact through various other measures. The company has implemented a waste management system to reduce the amount of waste generated by its operations. It has also taken steps to conserve water and promote biodiversity in and around its railway stations.
In conclusion, Indian Railways is a leading player in the rail freight sector in India, and it is taking proactive steps to reduce its carbon footprint and promote sustainable practices. The company's focus on decarbonisation, corporate energy management, corporate PPAs, and renewable energy is commendable and sets an example for other companies in the sector to follow. With its ambitious targets and innovative initiatives, Indian Railways is well on its way to becoming a leader in sustainable transportation in India and beyond.