India based RMC Switchgears Limited has launched its subsidiary, RMC Green Energy Private Limited, with a 51% stake, reinforcing its commitment to renewable energy and India’s sustainable transition. India, the world’s third-largest energy consumer, has pledged to achieve 500 GW of non-fossil fuel-based energy by 2030, the largest expansion plan globally. Through RMC Green Energy, the company plans to engage in various renewable energy activities, including manufacturing, generation, distribution, and consulting in solar, wind, green hydrogen, biomass, geothermal, and tidal energy. The company will also focus on electric mobility, battery storage, and waste treatment plants. Aspiring to be a leader in the energy sector, the company said that it will offer its services as an importer, exporter, buyer, seller, and marketer, among others.
RMC Switchgears launches green subsidiary
RMC Switchgears is planning to manage, lease, rent, and utilize energy solutions both domestically and internationally. (Image Credit: Pexels)
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