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Monday, September 17, 2012

Record loading of coal boosts Eastern Railway earnings in April-Aug 2012

Record loading of coal by both public and private sector coal companies led to a substantial jump in total freight loading by Eastern Railway between April-August 2012.

Coal loading went up by 22.85% during April-August 2012 compared to the previous corresponding period last year (April-August 2011). Out of total loading in the first four months of this year, coal alone amounted to 17.244 million tonne as against 14.037 million tonne during the previous year (April-August 2011), a statement released by Eastern Railway on Thursday said.

General goods amounted to 7.873 million tonne this year. By carrying 25.117 million tonne of freight traffic during April-August 2012, Eastern Railway achieved a 15.34% growth in freight loading this year. In the process, it also surpassed the proportionate target set by the Railway Board of 24.370 million tonne for the period.

Compared to it, during the corresponding period last year (April-August 2011), Eastern Railway had carried 21.776 million tonne of freight traffic.

Total earnings of Eastern Railway from freight traffic also went up by 30.39% to Rs 1812.36 crore in first four months this year, compared to Rs 1389.90 crore in April-August 2011 last year.

This amounted to an increase of Rs 422.46 crore in earnings during the period this year, the statement added. end

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