News Update

IndiGo orders 30 Airbus A350s for long haulsFiling of Form 10A & 10AB: CBDT extends due date to June 30RBI to issue fresh guidelines for banks to freeze suspected bank accounts being used for cyber crimesCPGRAMS recognized as best practice in Commonwealth Secretaries of public serviceIsrael-Iran War: A close shave for Global Economy but for how long?KABIL, CSIR ink MoU for Advancing Geophysical InvestigationsI-T - If income from stock-in-trade are held as investments, then provisions of section 14A would apply to such income: ITATTRAI recommends on Infra Sharing, Spectrum Sharing & Spectrum LeasingI-T- Revisionary powers u/s 263 can't be exercised when AO has neither assumed facts incorrectly nor there is incorrect application of law : ITATTechnology Board okays funding of Dhruva Space's Solar Array ProjectI-T- Issue of interest is debatable issue on which two views are possible and AO accepted one of views for which PCIT cannot assume revisional jurisdiction: ITATHealth Secy visits Bilthoven Biologicals, discusses production of Polio VaccineI-T - Estimation of profit element from purchases should be done reasonably if assessee could not conclusively prove that purchases made are from parties as claimed, in absence of confirmations from them: ITATStudy finds Coca-Cola accounts for 11% of branded plastic pollution worldwideI-T- Triplex flats purchased are interconnected and can be considered as 'a residential unit'' as per definition of section 54F of Act : ITATDelhi HC says conspiracy against PM is a crime against StateI-T- AO omitted to probe issue of cash payments made over specified limit; revisionary power u/s 263 is rightly exercised: ITATBrazil makes new rules to streamline consumption taxesI-T-Power of revision unnecessarily exercised where AO had no scope to examine creditworthiness & genuineness of assessee's creditors: ITATBiden signs rules mandating airlines to give automatic refunds for delayed or cancelled flightsI-T-As per settled law, in absence of enabling powers, no disallowance can be made : ITATBYD trying to redefine luxury for new EV variantsGST - On the one hand, the order states registration is liable to be cancelled retrospectively and on the other hand mentions that there are no dues - Order modified: HCSC asks EC to submit more info on reliability of EVMsRight to Sleep - A Legal lullaby
 
CCEA okays 100% electrification of broad gauge routes of Railways

By TIOL News Service

NEW DELHI, SEPT 12, 2018: THE CCEA has approved the proposal for electrification of balance un-electrified BG routes of Indian Railways comprising of 108 sections covering 13,675 route km (16,540 track kilometers) at a cost of Rs 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 necessary 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 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 accounts for just 37% of the total energy expenses of Indian Railways. Due to this advantage, post electrification, Indian Railways is likely to save Rs 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 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 enhanced 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 the extent of Rs. 13,510 cr per annum. Electrification of sections covered under this decision will result in net savings of Rs. 3,793 cr per annum
  • Reduced expenditure on maintenance of locomotive as electric locomotive  maintenance cost is Rs. 16.45 per thousand GTKM compared to diesel locomotive  maintenance cost which is Rs. 32.84 per thousand GTKM
  • Regeneration facility of 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 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 benefits, 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 Mr. Narendra Modi.


POST YOUR COMMENTS
   

TIOL Tube Latest

Shri N K Singh, recipient of TIOL FISCAL HERITAGE AWARD 2023, delivering his acceptance speech at Fiscal Awards event held on April 6, 2024 at Taj Mahal Hotel, New Delhi.


Shri Ram Nath Kovind, Hon'ble 14th President of India, addressing the gathering at TIOL Special Awards event.