Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

100% Electrification of Broad Gauge Routes of Indian Railways

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 100% Electrification of Broad Gauge Routes of Indian Railways - News and Press Release Dated:- 12-9-2018 - News - Cabinet Committee on Economic Affairs (CCEA) 100% Electrification of Broad Gauge Routes of Indian Railways CCEA has approved electrification of remaining unelectrified broad gauge (BG) routes of Indian Railways Upon completion of electrification of the proposed routes, I .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ndian Railways broad gauge network will be 100% operational on electric traction Significant benefits in the areas of Safety, Capacity, Speed, Energy Security Sustainability Proposed electrification is mainly for missing links and last mile connectivity and will increase the operational efficiency, enhance the line capacity and improve the average speed of trains Post electrification, I .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ndian Railways is likely to save ₹ 13,510 crore per annum in fuel bill Will generate direct employment of about 20.4 crore man days during the period of construction. Posted On: 12 SEP 2018 4:09PM by PIB Delhi The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has approved the proposal for electrification of balance un-electrified BG rou .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... tes of Indian Railways (IR) comprising of 108 sections covering 13,675 route kilometers (16,540 track kilometers) at a cost of ₹ 12,134.50 crore. This electrification is likely to be completed by 2021-22. 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 neces .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... sary 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 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 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 a .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ccounts for just 37% of the total energy expenses of Indian Railways. Due to this advantage, post electrification, Indian Railways is likely to save ₹ 13,510 crore per annum in fuel bill and the same will improve its finances. The approved electrification will generate direct employment of about 20.4 crore man days during the period of construction. The benefits from this decision are .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... listed below: 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 enh .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... anced 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 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... the extent of ₹ 13,510 cr per annum. Electrification of sections covered under this decision will result in net savings of ₹ 3,793 cr per annum Reduced expenditure on maintenance of locomotive as electric locomotive maintenance cost is ₹ 16.45 per thousand GTKM compared to diesel locomotive maintenance cost which is ₹ 32.84 per thousand GTKM Regeneration facility of .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 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 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 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. Employment Generation Direct employment during construction phase for about 20.4 crore Man days. The complete electrification of railway is poised to continue the growth story of Indian Railways. Through the aforementioned ben .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... efits, complete electrification will act as a catalyst for the modernisation process and deliver greater economic benefits. It will help Indian Railways become the growth engine of India as envisaged by the Prime Minister Shri Narendra Modi. **** AKT/SH - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMIT .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates