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Press Release

Demystifying Business Opportunities in Indian Railways Plan to Fully Electrify Its Rail Network by 2021; New Report Launched

Market Research Reports, Inc. has announced the addition of “Demystifying Business Opportunities in Indian Railways Plan to Fully Electrify its Rail Network by 2021” research report to their website www.MarketResearchReports.com

This press release was orginally distributed by SBWire

Lewes, DE -- (SBWIRE) -- 03/13/2018 -- Electrification was introduced on IR in 1925 with 1500 Volts DC and subsequently, extended by installing 3000 Volts DC system. 388 RKMS. had been electrified by the year 1936. In 1957, Indian Railways decided to adopt 25 KV AC traction system and, thus, selected main lines and high-density routes were taken up for Energisation in a planned manner. Today, out of the seven major trunk routes connecting Mumbai, Kolkata, New Delhi and Chennai, six are fully electrified and work is in progress on the remaining Mumbai-Chennai route.

As part of a strategy to speed up the electrification of railway lines under 'Mission Electrification' plan unveiled November 2016. So far only 42% of... the lines are currently electrified. The Rail ministry is planning to increase its electrified network to 52,400 RKM by 2021. The Indian Railways is expecting to cut its fuel bill by Rs. 3,300 crore annually by 2020-21, by electrifying 90% of all broad gauge tracks under 'Mission Electrification' plan. In 2017-18 Budget, it was announced the Railways would tap the EPC route for expediting electrification projects. Electrical traction is as environmental friendly, pollution-free and energy efficient mode of transport and offer an excellent alternative to fossil fuels as a source of energy.

Publisher is of the view that the electrification drive in railways will lead to incremental demand for power, significant demand for overhead line equipment like auto transformer feeder, demand for substation projects and demand for electric locomotives & its allied components. The 35,000 crore electrification program could be just a starting point as nearly half of the railways network remains un-electrified and existing electrification might as well require retrofit.

Publisher through its report 'Demystifying Business Opportunities in Indian Railways plan to fully electrify its rail network by 2021: Electrification of 52% of un-electrified network augurs well for Electrical Equipment OEMs' intends to quantify the associated business opportunities for electrical equipment OEMs and OEMs of electric locomotives over a period of next five years i.e. 2021-22. Publisher will conduct in-depth primary research backed by secondary research and provide indispensable information, analysis and insights that can be baked into the business plan of companies that will be supplying its services and products to railways electrification program.

Spanning over 146 pages "Demystifying Business Opportunities in Indian Railways Plan to Fully Electrify its Rail Network by 2021" report covers Executive Summary, Approach & Methodology, Overview on Indian Railways, Governments Push for 100% Electrification, Status of Electrification in Railways, Size & Scale of Electrification Program, Quantifying Incremental Demand for Power, Quantifying Business Opportunity for Overhead Line Equipment in Network Electrification, Quantifying Business Opportunity for Auto Transformer Feeder Substation, Quantifying Business Opportunity in Loco Electrification.

Please visit this link for more details: https://www.marketresearchreports.com/infrainsights/demystifying-business-opportunities-indian-railways-plan-fully-electrify-its-rail

Find all Transport Reports at: https://www.marketresearchreports.com/transport

About Market Research Reports, Inc.
Market Research Reports® Inc. is world's largest store offering quality market research, SWOT analysis, competitive intelligence and industry reports. We help Fortune 500 to Start-Ups with the latest market research reports on global & regional markets which comprise key industries, leading market players, new products and latest industry analysis & trends.

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For more information on this press release visit: http://www.sbwire.com/press-releases/demystifying-business-opportunities-in-indian-railways-plan-to-fully-electrify-its-rail-network-by-2021-new-report-launched-947181.htm

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Market Research Reports, Inc.
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Web: https://www.marketresearchreports.com/infrainsights/demystifying-business-opportunities-indian-railways-plan-fully-electrify-its-rail

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