Railway Ministry Current Affairs

Railway Ministry, Italy’s FS group sign MOU for technical cooperation

The Union Ministry of Railways and Italy’s public sector rail company Ferrovie Dello Stato Italiane Group (FS Group) has signed MoU for technical cooperation in rail sector especially in the area of safety and modernisation.

The MoU comes in the backdrop of emphasis given Railway Ministry on safety in railway operation. The Railway Board has been directed to collaborate with the international experts to identify the best practices for rail safety.

Key Facts
  • Under the MoU, cooperation areas identified includes safety audit of Indian Railways and measures required for enhancing safety in train operation.
  • It also includes assessment and certification of advanced technology based safety products and systems to Safety Integrity Level.
  • It also includes training and competency development with focus of safety and modern trends in maintenance and diagnostic etc.
About FS Group

FS Group (Ferrovie Dello Stato Italiane Group) is fully owned by Italian Government and works in the Railway Sector and is under Ministry of Treasure, Italy. It is widely recognized at international level for it technical and managerial railway expertise as well as in many fields such as design and realization of High Speed and Conventional Lines, Safety Systems, Certification, Training and Operation and Maintenance. It operates more than 7,000 trains per day, carrying over 600 million/year of passengers and 50 million tons of freight on a railway network of more than 16,700 km.

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Railway Ministry unveils Mission 41K to save energy worth Rs 41,000 crore

Union Railway Ministry has unveiled ‘Mission 41K’ to save Rs. 41,000 crore on the Indian Railways’ expenditure on energy consumption over the next 10 years.

The launch of this programme was announced at a Roundtable Discussion on Energy Initiatives of Indian Railways with external stakeholders headed by Union Railway Minister Suresh Prabhu.

Key Facts
  • This target of ‘Mission 41K will be achieved by taking a slew of measures which include moving 90% of traffic to electric traction over diesel from present 50% of the total rail traffic.
  • The railways will also procure more and more electricity at cheaper rates through open market instead of sourcing it through DISCOMs. Thereby it hopes to save as much as 25% on its energy expenses.
  • New technologies will be also explored to bring down electric consumption and change the energy mix of Indian Railways.
  • The Electrification Mission will help Indian Railways to reduce dependence on imported fuel, change energy mix, and rationalize the cost of energy for Railways.

In the 2016-17 Budget, Indian Railways already had set a target of generating 1000 MW of solar power and 200 MW of wind energy. During 2014-2015 period, Indian Railways had consumed over 18.25 billion units of electrical energy for its traction and non-traction application for which it paid a total of Rs 12,635 crore. In the same period, for diesel traction it spent Rs 18,586 crore.

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