Union Minister for Railways, Suresh Prabhakar Prabhu has made a strong pitch for Indian Railways going into Joint Ventures (JVs) with state governments to expedite completion of rail projects. He also stressed on the need for energy savings and said that the railway ministry has charted out at plan ‘Mission 41 K’ to save Rs 41,000 crores in electricity bills during the next 10 years by investing on solar energy.
He was recently at Hyderabad to launch a slew of railway infrastructure projects including additional entry to Malkajgiri railway station, stoppage of two trains at lingampally station, flag off of the first train on Nizamabad-Morthad route and doubling of the Mahbubnagar-Secunderabad rail line which was commissioned.
He said that an amount of Rs. 1729 Crores has been granted as budgetary outlay for rail projects in Telangana state which is a sizable increase of 187% over the average of previous two years.
Speaking at the launch of projects from Hi-tech city railway station in the city he, said, “Indian Railways has saved Rs 4000 crore during the year by taking up reforms in the power sector. One of the strategies is to go for solar power and generate 1000 MW of solar power in the next five years. In addition, we have already started production of 26 MW in wind energy. Generation of solar power to supplement the traction and non-traction needs of railways has been taken up on large scale.”