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Finshots Daily

Is 100% electrification of Indian railways far-fetched?

Dec 18, 2024
The podcast dives into the ambitious goal of fully electrifying Indian railways by 2030, aiming for net-zero carbon emissions. It discusses the journey and progress made since 2014, highlighting both achievements and ongoing challenges. Issues like dependency on coal and diesel during outages are raised, revealing potential roadblocks. Environmental concerns tied to fossil fuel use in electricity generation further complicate the road to sustainability, showcasing the complexities of this transformative initiative.
06:44

Podcast summary created with Snipd AI

Quick takeaways

  • Indian Railways aims for full electrification by 2030 to achieve net-zero carbon emissions, but faces economic viability challenges with idle diesel engines.
  • While 97% of the broad gauge network is already electrified, coal reliance in electricity generation complicates the transition to greener railways.

Deep dives

India's Ambitious Electrification Goals

Indian Railways is striving to achieve full electrification to become the world's largest green railway, aiming for net-zero carbon emissions by 2030. To facilitate this transition, the plan includes adding 30 megawatts of renewable energy capacity by FY30, which marks a significant increase compared to past efforts; railway electrification has surged nearly tenfold since 2014. Currently, 97% of the broad gauge network operates on electricity, placing India ahead of many Western nations such as the EU, UK, and the US in rail electrification rates. However, this ambitious plan is met with challenges, including a significant number of idle diesel engines that could still be functional for years, indicating a potential conflict between rapid electrification and economic viability.

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