IR formulates Rs 350 billion plan to electrify entire network by 2021

Indian Railways (IR) has formulated a Rs 350 billion plan to electrify its entire network by 2021. This is expected to generate annual savings of Rs 105 billion in fuel bills. To this end, it will seek assistance from state-run companies such as IRCON International Limited, RITES Limited and Powergrid, along with several private companies. In a separate development, IR’s first set of solar plants aggregating 5 MWp have been installed. The plants have been installed at HazratNizamuddin, New Delhi, AnandVihar and Old Delhi railway stations and are expected to cater to 30 per cent of the energy requirement of these stations.

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