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Rlys to save Rs 130 bn/year in fuel bill post electrification: Manoj Sinha

Sinha said actual savings due to initiatives in energy procurement has so far been Rs 75.04 billion

Press Trust of India  |  New Delhi 

Railways
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Railways will save Rs 130 billion per annum in and reduce carbon emissions by around 3.4 million tonnes a year after the of lines is completed, Minister of State for Railways Manoj Sinha said Tuesday.

Speaking at a conference on 'E-Mobility in Indian Railways' organised by the through Institution of Railways Electrical Engineers (IREE) in association with NITI Aayog, Sinha said actual savings due to initiatives in energy procurement has so far been Rs 75.04 billion.

"Indian Railways should increase their 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," he said.

Chairman, Board, Ashwani Lohani stated that the of lines has been identified as one of the major potential areas for reducing the expenditure of the national transporter.

He 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.

First Published: Tue, September 04 2018. 23:15 IST
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