I have as far as I know the latest version of Industrialcraft2 installed version 1.118.401 but whenever i try and install Railcraft for 1.6.2-8.0.2.0 I get the error message stating "Forge mod loader has found a problem with your minecraft installation. The mods and versions listed below could not be found , IC2: minimum version required is 2.0.140" .

I have searched and searched just to make sure I did have the most updated version of ic2 and couldn't find anything higher than what I have.

https://www.dropbox.com/s/qzfq1jm9ws1wmga/ForgeModLoader-client-0.log

You have the wrong branch, you want the experimental branch.