Friday, June 27, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Investment

Approved: Rs.12,134.5cr rail electrification

Fiinews by Fiinews
September 13, 2018
in Investment, Projects, Tenders
Reading Time: 2 mins read
A A
0
0
SHARES
10
VIEWS
LinkedinShare on Twitter

0:00

Project completion by 2021-22

 

One of the upgraded stations of the Indian Railways. Source: PIB.

 

The Cabinet Committee on Economic Affairs has approved a Rs.12,134.50 crore proposal for electrification of balance un-electrified Broad Gauge (BG) routes of Indian Railways (IR).

The 108 sections covering 13,675 route kilometers (16,540 track kilometers) is likely to be completed by 2021-22, according to a press release by the committee on 12 Sept 2018.

The major trunk routes on IR network have already been electrified and are operational.

Considering the requirement for seamless operation of rail traffic across the network, it is necessary that the bottlenecks created by the need to change traction are done away with.

The proposed electrification, which is mainly for missing links and last mile connectivity will increase the operational efficiency, enhance the line capacity and improve the average speed of trains.

The approved electrification will reduce the use of imported fossil fuels thereby improve energy security to the Nation.

After the planned electrification, there would be reduction in the consumption of high-speed diesel oil by about 2.83 billion litres per annum and a reduction in GHG emissions. This will also reduce environmental impact of Railways.

Currently, around two thirds of freight and more than half of passenger traffic in Indian Railways moves on electric traction.

However, electric traction accounts for just 37% of the total energy expenses of Indian Railways.

Due to this advantage, post electrification, Indian Railways is likely to save Rs.13,510 crore per annum in fuel bill and the same will improve its finances.

The benefits are:

Capacity & Speed

100% electrification will provide seamless train operation by eliminating detention of trains due to change in traction from diesel to electric and vice versa. It will help Railways in enhancing line capacity due to higher speed & higher haulage capacity of electric locomotives.

Safety

Improved signalling system will lead to enhanced safety in train operation.

Energy Security

In line with the new Auto Fuel Policy of the Government, total shift to electric traction will reduce fossil fuel consumption of about 2.83 billion liters per annum. Reduced dependence on imported petroleum based fuels will ensure energy security to the nation.

Energy bill savings

Overall savings in fuel bill to the extent of Rs.13,510 crore per annum. Electrification of sections covered under this decision will result in net savings of Rs. 3,793 cr per annum. Reduced expenditure on maintenance of locomotive as electric locomotive maintenance cost is Rs.16.45 per thousand GTKM compared to diesel locomotive maintenance cost which is Rs.32.84 per thousand GTKM. Regeneration facility of electric locomotives will save 15-20% energy Reduced overall requirement of electric loco due to higher horse power.

Sustainability

Reduced carbon footprint as environmental cost per Tonne Km for Electric Traction is 1.5 Paisa and for Diesel Traction 5.1 paisa. In line with commitment made by India in COP21, total shift to electric traction will reduce CO2 emission of Railways by 24% till 2027-28. Green house gas emission for electric traction will fall below diesel traction by 2019-20 making it environmentally friendly option. fiinews.com

Tags: Indian RailwaysThe Cabinet Committee on Economic Affairs
ShareTweetShare

Related Posts

PIB
Investment

Invest: Minister wants further development of IFSCS

by Fiinews
June 27, 2025
0
12

Scale up operations at IIBX, says Sitharaman Minister for Finance & Corporate Affairs Nirmala Sitharaman has called for further development...

PIB
Investment

Invest: SMFCL to finance maritime sector

by Fiinews
June 27, 2025
0
13

NBFC to support shipbuilding and renewables projects Minister of Ports, Shipping & Waterways (MoPSW) Sarbananda Sonowal has inaugurated Sagarmala Finance...

Geoenpro 2

Tender: PMG reviews Patratu Thermal Phase-I

June 27, 2025
11
PIB

Project: Governor admires space achievements

June 27, 2025
13
Iwai Board Meeting

Tender: Board approves IWAI’s 4 jetties

June 27, 2025
14
India Electronics Expo

Tender: EMC 2.0 approved for Gautam Buddha Nagar

June 25, 2025
12
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Invest: Minister wants further development of IFSCS
  • Invest: SMFCL to finance maritime sector
  • Tender: PMG reviews Patratu Thermal Phase-I
  • Market: LTTS announces $50m agreement
  • Manufacturing: Sekisui expands capacity in Pune

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.