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News Brief | April 2016

Competitive bidding route to boost IR power savings

Indian Railways (IR), after having adopted competitive bidding route for buying electricity, is expecting annual savings of Rs.3,000 crore starting 2016-17. The route was adopted last year, before which IR used to buy directly from state-owned discoms charging commercial rates.

Earlier, the Central Electricity Regulatory Commission (CERC) had conferred IR with a deemed licensee status, which further helped IR by exempting it from cross-subsidy surcharges, levied by states on consumers buying electricity from outside the state.

Contact: Indian Railways
Website: http://www.indianrailways.gov.in/

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