Trending TopicsIpl 2024Lok Sabha 2024

---Advertisement---

Railways records best ever monthly freight loading of 122.14 MT

New Delhi: Indian Railways (IR) has recorded best ever July Monthly freight loading of 122.14 MT in July’22. The incremental loading in the month of July has been 9.3 MT. A growth of 8.25 % over the previous best July figures achieved in 2021. With this, Indian Railways has had 23 straight months of best […]

Edited By : Mayank Kasyap | Updated: Jan 26, 2023 20:35 IST
Share :
Indian Railways (File Pic)
Indian Railways (File Pic)

New Delhi: Indian Railways (IR) has recorded best ever July Monthly freight loading of 122.14 MT in July’22. The incremental loading in the month of July has been 9.3 MT. A growth of 8.25 % over the previous best July figures achieved in 2021. With this, Indian Railways has had 23 straight months of best ever monthly freight loading.

Coal tops incremental loading

Indian Railways has achieved an incremental loading of 11.54 MT in Coal, followed by 1.22 MT in Balance other goods. 0.56 MT each in Cement & Clinker and Containers and 0.47 MT in POL.

71% growth in automobile loading

Increase in automobile loading has been another highlight of Freight Business in FY 2022- 23. 1698 rakes have been loaded in FY 2022-23 till July as compared to 994 rakes during the same period of last year i.e. a growth of 71%.

Also Read :-Adani Transmission Limited posts Revenue of Rs 3,049 cr, increases 22% YoY

Cumulative freight loading sees growth of 10.92%

The cumulative freight loading from 1st April’2022 to 31st July’2022 has been 501.53 MT as against 452.13 MT achieved in 2021-22. An incremental loading of 49.40 MT, with a growth of 10.92 % over same period last year.

Freight NTKMs witness growth of over 11 billions 

The freight NTKMs (Net tonne kilometers) have increased from 63.3 Billion in July ’21 to 75 Billion in July’22 registering a growth of 18.38 %. The cumulative NTKMs in the first four months have also grown by 19.46 %.

Coal supply increases dramatically

The sustained efforts of Indian Railways to increase supply of Coal to Power houses in close coordination with Ministry of Power and Coal. This has been one of the key features of the freight performance in the month of July.

The loading of Coal (both domestic and imported) to Power Houses has increased by 13.2 MT in July with 47.98 MT Coal being moved to Power houses as against 34.74 MT last year, i.e. a growth of 38%. Cumulatively, in the first four months of the year, IR has loaded more than 47.95 MT extra coal to Power Houses as compared to same period of last year, with a growth of more than 32%.

Also Read :-Oil prices drop ahead of OPEC+ meeting

The commodity wise growth number show that IR has achieved impressive growth in almost all commodity segments with the following growth rates:

Commodity Variation

(MT)

% variation
Coal 11.54 23.45
Cement and Clinker 0.56 5.10
POL 0.47 12.90
Containers 0.56 9.30
Balance Other Goods 1.22 13.25

 

Read More :- Latest Business News

 

Click Here – Download The News 24 App

 

 

(kbeautypharm)

First published on: Aug 03, 2022 02:04 PM IST

Get Breaking News First and Latest Updates from India and around the world on News24. Follow News24 on Facebook, Twitter.

Related Story