+
Indian Railways to invest Rs 180 bn on solar power units along tracks
RAILWAYS & METRO RAIL

Indian Railways to invest Rs 180 bn on solar power units along tracks

The Indian Railways is reportedly in plans to come up with solar power tenders of 4 GW in order to cut down on its power purchase costs and utilise the vast stretches of linear land along the tracks with greater efficiency.

The bid are expected to be open up business opportunities of about Rs 180 billion for domestic solar industry consisting of equipment makers and plant installers. The tenders, which will be invited by the Solar Energy Corporation of India (SECI), is expected to be issued in two tranches of 2 GW each to be built across 10 states. Reviewed by FE, the framework document for the project reportedly proposes that the first tranche would be for solar plants in Odisha, Punjab, West Bengal, Haryana and Rajasthan while the remaining capacity would be set up in Andhra Pradesh, Chhattisgarh, Kerala, Tamil Nadu and Telangana.

At present, the railways requires 16 billion units of electricity every year and spend around Rs 100 billion on electricity every year with the average per unit cost being around Rs 6 per unit.

Railways pays tariffs as high as Rs 10.52 per unit, Rs 9.13 per unit and Rs 8.33 per unit in Uttar Pradesh, West Bengal and Rajasthan, respectively.

The 4 GW project would need developers to build 1.2 GW of domestic solar manufacturing capacity. The projects would be reportedly designed to use the transmission system built for railway traction.

The Indian Railways is reportedly in plans to come up with solar power tenders of 4 GW in order to cut down on its power purchase costs and utilise the vast stretches of linear land along the tracks with greater efficiency. The bid are expected to be open up business opportunities of about Rs 180 billion for domestic solar industry consisting of equipment makers and plant installers. The tenders, which will be invited by the Solar Energy Corporation of India (SECI), is expected to be issued in two tranches of 2 GW each to be built across 10 states. Reviewed by FE, the framework document for the project reportedly proposes that the first tranche would be for solar plants in Odisha, Punjab, West Bengal, Haryana and Rajasthan while the remaining capacity would be set up in Andhra Pradesh, Chhattisgarh, Kerala, Tamil Nadu and Telangana. At present, the railways requires 16 billion units of electricity every year and spend around Rs 100 billion on electricity every year with the average per unit cost being around Rs 6 per unit. Railways pays tariffs as high as Rs 10.52 per unit, Rs 9.13 per unit and Rs 8.33 per unit in Uttar Pradesh, West Bengal and Rajasthan, respectively. The 4 GW project would need developers to build 1.2 GW of domestic solar manufacturing capacity. The projects would be reportedly designed to use the transmission system built for railway traction.

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code