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Indian Railways okays solar panels along tracks, move aimed at cutting power purchase cost

In line with the government’s latest effort to increase electrification of railway tracks, the upcoming solar plants would be designed to use the transmission system built for railway traction — prospectively lowering the tariff of electricity. With a view to move towards use of cleaner sources of energy and cut down its power purchase cost, […]

Fitch Ratings affirms Clean Renewable Power’s USD 363 mn notes ‘BB-‘ rating with stable outlook – EQ