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Friday 11 December 2015

SOUTH EASTERN RAILWAY :REMARKABLE GROWTH IN FREIGHT LOADING AND EARNINGS SPECIALLY IN IRON ORE SECTOR

SOUTH EASTERN RAILWAY :REMARKABLE GROWTH IN FREIGHT LOADING AND EARNINGS SPECIALLY IN IRON ORE SECTOR

SER’s REMARKABLE GROWTH IN FREIGHT LOADING AND EARNINGS SPECIALLY IN IRON ORE SECTOR
Kolkata, December 8, 2015 :

South Eastern Railway during the first eight months of the current financial year i.e. from April to November, 2015 has loaded 86.78 million tonnes of revenue earning freight as against 81.49 million tonnes of freight loaded during the corresponding period of last year, registering a growth of 5.29 million tonnes i.e. 6.49 %. 

In the month of November 2015, S E Railway loaded 10.34 million tonnes of freight as against 9.53 million tonnes loaded in November 2014 thus registering a growth of 8.5%. In the iron ore sector the loading has increased by 25% more than the corresponding month of previous year.

The major components of this excellent loading performance in the first eight months were 48.03 million tonnes of Iron Ore, 16.77 million tonnes of Coal, 9.37 million tonnes of Pig Iron and Finished Steel, 5.49 million tonnes of Cement, 2.91 million tonnes of Merchandised Goods, 1.42 million tonnes of Petroleum Products (POL) etc.

As a result of this remarkable loading performance, South Eastern Railway generated freight earnings of Rs 6663.34 crores during April- November of current financial year which is Rs 519.54 crores more than the corresponding period of last year, registering a growth of 8.46%.

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