Wire & Cable India
News

Indian Railways Plans to Save INR 14,500 Crore Yearly With 100 Percent Electrification

Indian railway’s ambitious target to achieve complete electrification of its entire broad gauge network by 2023 is expected to bring in newer opportunities and drive the demand for wires and cables.

December 27, 2020

Indian Railways
The coverage of electrification of rail tracks has risen from 1,176 kilometer in 2014-15 to 4,378 kilometer in 2019-20.

The Indian Railways is working on an ambitious plan to achieve 100 percent electrification of its entire broad gauge network by 2023.

Once achieved, the target will help the national transporter save around INR 14,500 crore annually on fuel bill.

Also Read: Govt.’s Key Projects Worth INR 2 Lakh Crore to Give Huge Infrastructure Push.

As reported in a leading daily, the Indian Railways have fixed itself a stiff target of being a net-zero emitter of carbon by 2030. This includes an ambitious target for complete electrification of its entire broad gauge network by 2023 and an equally ambitious target for generation of renewable energy using railway’s assets.