Indian Railways To Save Rs 13,000 Crore Per Annum In Fuel Bill

Indian Railways To Save Rs 13,000 Crore Per Annum In Fuel Bill

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Date of Post: 05 Sep, 2018

New Delhi: Railways will save Rs 13,000 crore per annum in fuel bill and reduce carbon emissions by around 3.4 million tonnes a year after the electrification of railway lines is completed, Minister of State for Railways Manoj Sinha said. He said actual savings due to initiatives in energy procurement has so far been Rs 7,504 crore.

More Information:

  • “Indian Railways should increase their solar power target and has to lead this segment in the country and also go with the vision of Prime Minister’s clean and green energy. Railways should look into the options of ethanol blending,” speaking at a conference on ‘E-Mobility in Indian Railways’ organised by the Ministry of Railways through Institution of Railways Electrical Engineers (IREE) in association with NITI Aayog, he said.
  • The electrification of railway lines has been identified as one of the major potential areas for reducing the expenditure of the national transporter, Chairman Railway Board Ashwani Lohani stated.
  • Lohani also voted for seamless movement of traffic between different modes of transport, and ease of sharing revenue, increase the speed of freight trains, improved terminals and their integration.
  • Around 300 delegates from the Ministry of Railways, other central ministries, public sector undertakings, and industry partners attended the conference.

To know more about recent developments of Railways-

04 Sep, 2018 : Northeast Frontier Railway To Introduce Mechanised Cleaning System in 359 Stations

03 Sep, 2018 : Modern Coach Factory, Raebareli To Roll Out 100 ‘Smart Coaches’ In The Near Future Under ‘Make In India’ Initiative

03 Sep, 2018 : Prime Minister Narendra Modi To Inaugurate India’s Longest Rail-Cum-Road ‘Bogibeel Bridge’ This Year


Author:

Narinder Sharma is a part of the content team of Rail Analysis India as a writer and marketing executive.
His interest is in the Railways , Metro and Transportation Sector of India .
Please reach us at editor@railanalysis.com for more information 


 

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1 Comment on "Indian Railways To Save Rs 13,000 Crore Per Annum In Fuel Bill"

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vijay
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Now Indian Railways should also think abt owning power producing plants. Be it thermal, solar or wind…