Study Material | Test Series
Drishti IAS
call1800-121-6260 / 011-47532596
Drishti The Vision Foundation
(A unit of VDK Eduventures Pvt. Ltd.)
prelims Test Series 2019
बेसिक इंग्लिश का दूसरा सत्र (कक्षा प्रारंभ : 22 अक्तूबर, शाम 3:30 से 5:30)
First Bilateral Power Purchase Agreement by the Indian Railways
Feb 14, 2015

Indian Railways concluded its first bilateral power procurement agreement between Damodar Valley Corporation (DVC) and North Central Railway.

  • Under the agreement, Railways will buy 50 Mw of power from DVC at Auraiya Grid Sub-station facilitated by Railways Energy Management Company Limited, a Joint Venture (JV) of Indian railway and RITES, a PSU of Ministry of Railways.

  • This is the beginning of energy cost reduction measure being taken up by Railways.

  • Railways are the biggest consumer of the electricity, consuming about 18 billion units per year with peak requirement of about 4000 Mw.

  • In order to enable Railways to buy power directly from suppliers, Railways have been notified as ‘Deemed Licensee’ by Ministry of Power.

  • Railway is working to go for more such contracts at key load centers in the coming days which will enable Railways to generate significant savings in its traction electricity bills.

Helpline Number : 87501 87501
To Subscribe Newsletter and Get Updates.