Delay in NOCs costs Railways ₹3k crore annually
The delay in the issuance of No-Objection Certificates (NOCs) from states, including Uttar Pradesh and West Bengal, is costing Indian Railways around ₹3,000 crore annually in power bills, officials said. The NOCs would have enabled Railways to save the Cross-Subsidy Surcharge (CSS), which it pays to procure power from any source other than the state-owned electricity distribution companies.