“Rail­ways to save Rs 41,000 crore in the next 10 years”

Power Watch India - - DESPATCHES NATIONAL -

Union Rail­way Min­is­ter Suresh Prabhu un­veiled a plan to save Rs 41,000 crore over the next 10 years through an in­te­grated en­ergy man­age­ment sys­tem. Ac­cord­ing to In­dian Rail­ways’ Mis­sion 41k ini­tia­tive, the na­tional car­rier will elec­trify 24,000 km of rail tracks over the next five years by dou­bling the an­nual rate of elec­tri­fi­ca­tion from 2,000 km to 4,000 km in the next two years. He said that switch­ing from diesel to elec­tric can help the rail­ways in a big way. The move comes as the rail­ways projects a six-fold in­crease in pas­sen­ger and freight traf­fic by 2030. The rail­ways con­sumed over 18.25 bil­lion units of elec­tri­cal en­ergy for trac­tion and non-trac­tion ap­pli­ca­tion in 2014-2015 for which it paid Rs 12,635 crore and for diesel trac­tion it spent Rs 18,586 crore in the same pe­riod. Dur­ing 2014-15, the to­tal en­ergy cost of In­dian Rail­ways was Rs 31,221 crore. The pas­sen­ger and freight traf­fic on rail­ways in In­dia is ex­pected to grow from 3.64 tril­lion pas­sen­ger km and 961 bil­lion tonne km re­spec­tively in 2005 to 19.4 tril­lion pas­sen­ger km and 6.68 tril­lion tonne km, re­spec­tively by 2030.

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