Indian Railways ne **99.6%** electrification target hit kar liya hai aur diesel consumption **63%** kam kar diya hai. Par wait, abhi bhi **2,500** diesel engines track par hain. Aisa kyun aur PSU stocks par kya impact hai?
Diesel ka 'Plan B' kyun zaroori hai?
Electrification ka milestone toh achieve ho gaya hai, lekin Railways poora diesel hatane ka risk nahi le sakta. Agar kabhi grid fail hua ya overhead lines mein technical issue aaya, toh electric trains wahin khadi ho jayengi. Aise 'crisis' moments mein 2,500 diesel locomotives ek safety net ki tarah kaam karte hain. Sath hi, shunting operations aur Kalka-Shimla jaise heritage routes ke liye diesel abhi bhi king hai.
Railway PSUs aur Market ka haal
Investors ke liye yeh janna zaroori hai ki hybrid model chalane ka cost load hota hai. Indian Railways ka operating ratio 98.4% ke aas-paas rehta hai, yani har ₹1 kamane mein 98.4 paise kharch ho jate hain.
Railway se judi companies jaise IRFC, RVNL, IRCON, aur RITES ke stocks mein pichle kuch samay mein achi khasi correction dekhi gayi hai. Yeh sirf operational reasons nahi, balki over-valuation ki wajah se hai. Log ab sirf order book nahi, balki actual growth aur margin par focus kar rahe hain.
Future kya hai?
Railways ka target 2030 tak Net-Zero emissions hai. Diesel se shift hone ke liye ab Hydrogen, Battery, aur LNG-dual fuel systems par trials chal rahe hain. Jo log in stocks mein invested hain, unhe ab Capex aur in green alternatives ki progress par nazar rakhni chahiye.