Date of Post: 31 Jan,
Indian Railways plans to electrify over 6,000 kilometer of its network in the coming financial year, Union Railway Minister Piyush Goyal said on 30 January. Huge investment in railways over the past 5 years had helped improve safety and complete long-delayed projects, speaking at the launch of the IEA (International Energy Agency) report ‘The future of Rail’, Goyal said.
- Goyal said, “5 years ago, the Railways had electrified around 600 km of tracks across the country. Last year alone, we electrified over 4,000 km, and in the coming year we aim to electrify over 6,000 km.”
- He said, “With new technology and innovations, the Railways is going to play a central role as we strive to make India an international manufacturing hub.”
- An investment of only USD 2 billion on LED bulbs had resulted in India saving almost USD 7 billion per year on electricity, highlighting the efforts of the government towards energy efficiency, the minister said.
- He said, “Subsidies on LED bulbs were becoming a constraint on their roll out. We decided to bring down the cost of LED bulbs to double digit prices, and remove subsidies, which has today resulted in the sale of at least 1 million bulbs annum.”
- Goyal added that his government was committed to combating climate change and bringing down emission levels.
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