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Home > All news > Railways, Sustainability > Indian Railways on track to full electrification with Rs 6500 Crore Budget in 2024-25

Indian Railways on track to full electrification with Rs 6500 Crore Budget in 2024-25

April 9, 2024
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DFCCIL Chairman announcing the Dedicated Freight Corridor completion by Year-End.

NEW DELHI : Indian Railways on Thursday (April 4) highlighted that a dedicated budget of Rs 6,500 crore as allocated in 2024-25 can help achieve complete electrification of the rail network. According to senior railway officials, the railways has achieved as much as 95 per cent electrification of Broad Gauge.

“With a dedicated budget of Rs 6,500 Crores during FY 2024-25 for further electrification projects, India remains committed to achieving complete electrification. This will not only revolutionise the railway system but also contribute significantly to the country’s sustainability goals,” a senior railway official said.

He further added, “The electrification programme is not just about environmental benefits. It’s a catalyst for economic growth. It creates jobs during construction, reduces dependence on imported fossil fuels, and positions Indian Railways as a modern and efficient engine of the nation’s economy.

Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.

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