Report Summary Estimating USD 5000 Million Opportunity Spread for Value Chain Players by 2020 by tracking opportunity tune for EPC players, Original Equipment Manufacturers (OEMs), Independent Power Producers etc.
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Currently, railways consume for 15.6 billion units of electricity per annum and foots a bill of INR. 9500 crore which clearly shall be doubled once the entire network shall be electrified but shall also render in savings of INR. 17,000 crore incurred towards diesel bill annually. Thus, this shall open up great opportunity galore for both conventional and renewable power generation players as the business rationale for railways favors either direct power purchase or setting up its own captive infrastructure.
Railway electrification has now opened up as a fresh opportunity area for multiple players involved in the business of facilitating it. Though not a nascent concept the electrification in India now has been committed with a fresh investment of INR. 35,000 Crores to electrify the entire network and eliminating the cost of fuel under transportation which shall be amounting to a massive savings of INR. 10,500 overall.
Key Queries Resolved
Business Case For Railway Electrification In India
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