CR Mumbai div saves Rs 200 cr per year by buying electricity from open market
The Mumbai division of Central Railway (CR) is now saving Rs 200 crore annually after it began to procure electricity from the open market since 2015, said officials.
Divisional manager Rajnish Kumar Goyal said earlier railways procured electricity from Tata and Maharashtra State Electricity Board (MSEB) since the two agencies supply electricity in South Mumbai and Central Mumbai. However, both these agencies charged nearly Rs 10-11 per unit, which made for an annual bill of Rs 600 crore.
The official explained, “Since Railways can buy electricity from the open market so we began buying energy via competitive pricing per unit, which meant the Railways could buy from the agency which supplied cheaper power.
