Rail Vikas Nigam Limited and Jakson Green Form a Joint Venture to Develop Solar Power Projects

Rail Vikas Nigan Limited has formed a joint venture with Jakson Green Private Limited to explore opportunities in solar power projects in India and abroad. RVNL will hold a 49% stake in the joint venture, while Jakson Green Private Limited will hold a 51% stake.

RVNL has also announced the establishment of RVNL Infra South Africa, a subsidiary company, in conjunction with the joint venture. This action represents RVNL's determination to broaden its operational scope beyond the territorial confines of India.

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Combining infrastructure expertise with renewable energy know-how, RVNL, and Jakson Green have embarked on a joint venture to illuminate India's future with solar power. This strategic partnership signifies a major step towards a brighter, cleaner tomorrow for the country.

Moreover, RVNL executes projects on behalf of the Ministry of Railways in its capacity as the executing arm of Indian Railway Systems. The company follows a turnkey approach where the organization supervises every stage of the project development process. Including design, estimate preparation, contract awarding, and project and contract management, this encompasses activities from inception to commissioning.

Through these strategic moves, RVNL is not only expanding its offerings but also playing a key role in India's and the world's transition to cleaner energy sources.

About RVNL

Rail Vikas Nigam Limited (RVNL) is a public sector undertaking (PSU) under the Ministry of Railways, Government of India. It was incorporated in 2003 to implement railway infrastructure projects on a fast-track basis and mobilize extra-budgetary resources for such projects.

RVNL is entrusted with the responsibility of developing and implementing various types of railway infrastructure projects, including new lines, gauge conversion, railway electrification, road over/under bridges, workshops, and production units.

About Jakson Green

Jakson Green Private Limited is a subsidiary of the Jakson Group, a leading energy and infrastructure solutions company in India. Established in 2017, Jakson Green focuses specifically on the new energy transition, playing a crucial role in India's renewable energy push. Jakson Green focuses on developing and implementing projects related to renewable energy.

Jakson Green mainly focuses on EPC (Engineering, Procurement, and Construction) contracts, which involve designing, building, and commissioning renewable energy projects like solar farms, wind farms, and waste-to-energy plants. 

Jakson Green has developed and commissioned over 1 GW of solar power projects across India. Apart from this, Jakson Green is actively involved in exploring and developing cutting-edge technologies like green hydrogen and ammonia production.

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