SCR records a whopping Rs 10,000 crore revenue through freight loading
Hyderabad: Overcoming the challenges posed by the Covid-19 pandemic, South Central Railway (SCR) crossed a major milestone in freight revenue in the current financial year to record a whopping Rs 10,000 crores in freight revenue by loading 112.51 million tons. The growth in freight loading has been across the entire freight segment, with all commodities […]
Hyderabad: Overcoming the challenges posed by the Covid-19 pandemic, South Central Railway (SCR) crossed a major milestone in freight revenue in the current financial year to record a whopping Rs 10,000 crores in freight revenue by loading 112.51 million tons.
The growth in freight loading has been across the entire freight segment, with all commodities witnessing higher loading levels. The efforts of SCR to attract freight business towards railways combined with continuous monitoring of the movement of freight trains has helped in increasing 17.7 per cent in revenue and 17.3 per cent in loading compared to the previous financial year.
The major contributions for the growth are commodities such as coal with loading of 53.78 MTs, cement with 32.339 MTs, food grains with 7.980 MTs, fertilizers with 5.925 MTs, container services with 2.137 MTs, raw material for steel plants with 4.14 MTs and other commodities such as alumina powder, fly ash, granite, sugar etc. with 5.80 MTs.
Introduction to various freight incentive schemes and enhancement of freight handling facilities including infrastructure at several way-side stations has helped in registering robust growth in both freight revenue and loading, the SCR said in a press release.
In addition, the newly formed Business Development Units (BDU) at both divisional and zonal level have contributed in improving the zonal freight back.
Sanjeev Kishore, General Manager, appreciated the SCR team for their committed efforts in registering the best freight revenue segment.
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