Indian raillways to cut energy bill
07 November 2015, Nirapad News: Railways intends to reduce its energy bill, which is to the tune of over Rs 340 billion (34,000 crore) annually, by Rs 50 billion in five years through a comprehensive plan, Railway Minister Suresh Prabhu said on Friday.
“Energy bill is the second largest in railways aftersalary and pension. So we have to use the energy in a such away so as to optimise the cost,” he said here.
While the diesel bill is about Rs 22,000 crore, the electricity cost is about Rs 12,500 crore a year in railways.
Addressing the global meet on “Energy Efficient Technologies in Railways”, Prabhu said, “We have to focus on energy efficiency as it is very very important. The need is to use less energy with more efficiency.”
Pitching for latest technology and innovative solutions for energy saving and cost reduction, he said, “We have to make a road map for it so that railways could reduce the energy bill by Rs 50 billion in the next five years. A comprehensive energy efficiency plan needs to be worked out.”