Indian Railway to become world first 'net-zero' carbon emitter by 2030: Piyush Goyal

Image
ANI Politics
Last Updated : Oct 15 2019 | 3:05 PM IST

New Delhi [India], Oct 15 (ANI): Indian Railways will become the world first "net-zero" carbon emitter by 2030, said Railway Minister Piyush Goyal on Tuesday.

"By 2030, we are working to make the Indian railways the world's first net-zero railway. The Government is phasing out the old coal plants, which is going to help reduce environmental pollution, and will also create the demand for new plants and spur the investment cycle," Goyal said while speaking at third India Energy Forum CERAWeek 2019.

As per the NITI Aayog data, Carbon Dioxide emission from Indian Railway was around 6.84 million tons in 2014. Amid global concern over climate change, Indian railways is also working to reduce the carbon emission.

Goyal said that the Indian railways will be 100 percent electrically run by 2023. "By the year 2023, Indian railways will be the first railways of the size and scale that we have to be 100 percent electrically run."

"We will demonstrate to the world, the path PM Narendra Modi ji has shown to the world, the path towards climate justice and everybody contributing to make the world a better place to live in," he added.

While talking about the energy sector, Goyal said that India is willing to engage with modern technology and is looking at self-sufficiency in domestic production.

"The energy sector is on the verge of a revolution in the country. We are willing to engage with modern technology and are looking at self-sufficiency in domestic production," Goyal said.

"India has opened up its Foreign Direct Investment to almost all sectors, except for those which are a Security Concern or a National Policy concern," he added.

India is the third-largest energy consumer in the world in absolute terms, after the United States, but per capita, energy consumption is very low. There is a need for a healthy mix of all commercial energy sources.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 15 2019 | 2:52 PM IST

Next Story