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FEB 26 2016

Railways to utilise locations for generating solar power

  • Economic Times, ET Bureau / Hyderabad
  • Created: Fri 26th FEB 2016

With Railway Minister Suresh Prabhu eschewing the path of increasing tariffs to raise earnings, the city-headquartered Eastern and the South Eastern Railway has decided to utilise its locations for generating solar power for captive use.

 Addressing a press meet here A K Goel, the general manager of the two railways said that over 200 locations of the S E R and E R would be utilised for this purpose as part of the energy conservation cum cost-saving measures.

 Mr Geol also announced a passenger amenity by way of app-based booking of unreserved tickets on this occasion.

 Minister Suresh Prabhu plans to boost the railways operating ratio (which reflects the balance between earnings and expenditure) , without hiking passenger or freight tariffs. “ Several new initiatives have been taken in this regard”, Mr Goel said adding that reducing the diesel inventory to 15 days and direct purchase of power was among these initiatives.

 Capital expenditure in these two railways too would see a sizeable increase of over Rs 300 crore in the next fiscal.

 West Bengal outlay

The outlay for West Bengal is proposed will see only a modest increase in 2016-17 to Rs 3820 crores from Rs 3793 crores the year before in the Eastern Railway section, a purview of available data showed. The expenses would involve on the East-West metro corridor project.

Tags

RAILWAYS DIRECT West Bengal Captive Sri Prabhu Lingeshwara Sugar & Chemical Ltd Diesel Energy Energy Conservation Power solar power Solar CAPTIVE

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