Tag: indian railways news

Indian Railways can help save Rs 1.28 lakh crore annually in diesel costs with its freight & cargo hauling: Ashwini Vaishnaw
Business

Indian Railways can help save Rs 1.28 lakh crore annually in diesel costs with its freight & cargo hauling: Ashwini Vaishnaw

Railway Minister Ashwini Vaishnaw has said that India can potentially save Rs 1.28 lakh crore annually in diesel costs by 2031 if it successfully transports an additional 1500 million tonnes of cargo through trains. Speaking at the 68th National Railways Awards, Vaishnaw stated that India's economic growth is expected to result in an additional 3000 million tonnes of cargo being moved within the country by 2031.According to the minister, Indian Railways is on track to capture half of this incremental cargo growth, resulting in a reduction of 16,000 crore litres of diesel consumption each year. This would translate to an annual savings of Rs 1.28 lakh crore for India, he was quoted as saying by ET.Despite achieving a record high of 1512 million tonnes of cargo transported during the fiscal...
How Indian Railways aims to save 2 lakh liters diesel a day with electrification of pit lines; move towards carbon neutrality
Business

How Indian Railways aims to save 2 lakh liters diesel a day with electrification of pit lines; move towards carbon neutrality

Indian Railways is aiming to achieve substantial fuel savings of around 200,000 liters of diesel daily, by electrifying its entire network of pit lines, according to an ET report. These pit lines serve as critical points where train coaches undergo electrical equipment inspections such as lights, fans, and mobile charging points, before embarking on their subsequent journeys.The move is in line with Indian Railways’ ambitious objective of attaining carbon neutrality by 2030. A senior government official shared with ET that the endeavor entails transitioning away from conventional fossil fuels, embracing grid electrification for all 411 maintenance pits by December 2023. Notably, the electrification process has already been concluded for 302 pits.Official estimates project substantial cost...