Railways to procure 100,000 wagons for Rs 200-250 billion in 5 yrs

With 100% electrification, poised to become a net zero carbon emitter by 2030

The Indian Railways is set to procure around 100,000 wagons, worth Rs 200-250 billion at current prices, in the next five years.
 
Of the 100,000 wagons, Coal India is planning to have at least 50,000, Railways Minister Piyush Goyal said on Tuesday on the sidelines of an event of the Confederation of Indian Industry.
 
With bulk orders coming through the reverse auction method, the prices of wagons are expected to come down by 10-20 per cent.
 
Asking public sector companies to speed up their supply, Goyal indicated the wagon sector would be opened up for private and