In a bid to revamp the Indian railways, Railway minister Suresh Prabhu on Tuesday unveiled Mission 41k, a plan that would save Rs 41,000 crore over 10 years through an integrated energy management system, reported Livemint.
In this initiative, railways will electrify 24,000 km of rail tracks over the next five years by doubling the annual rate of electrification from 2,000 km to 4,000 km in the next two years.
The railways will award contracts on engineering, procurement, and construction (EPC) model for railway electrification projects, to achieve this target. It also plans to mechanise the execution