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Indian Railways to plug into National Power Grid

Will source power directly from the latter to cut costs, improve operations

Indian Railways to plug into National Power Grid

Togetreliablepowersupplyandalsocutpurchasecost,IndianRailways(IR)ismullingoptionstobuypowerdirectlyfromthenationalgrid.Forthis,Railways’armRailVikasNigamLtd(RVNL)willtieupwithPowerGridCorporationofIndia. IRisthebiggestconsumerofelectricity,consumingabout18billionunitsperyear.Currently,itsourcespoweratanaveragecostofRs6-7.5perunit.BuyingpowerfromthegridwouldhelptherailwayssaveatleastRs3perunit.ThespotmarketpricehasdippedbelowRs3perunit.Governmentofficialssaiditwouldreapdual ...