Financial Daily from THE HINDU group of publications Monday, Aug 16, 2004 |
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Logistics
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Railways Freight loading up for South Eastern Railway Our Bureau
Kolkata , Aug. 15 SOUTH Eastern Railway (SER), the profit-making flagship of the Indian Railways, has achieved a higher originating freight loading for the April-July period at 22.99 million tones (mt), 0.56 mt more than that in the corresponding period of the previous financial year. Owing to the improved freight loading performance for this period, SER recorded higher originating earnings of Rs 920.44 crore (Rs 855 crore), showing an increase of 7.6 per cent from the same period last year. According to SER top brass, the improved show has been achieved despite a shortage of imported coal for steel companies. During 2003-04, SER achieved a surplus of Rs 1,042.70 crore. In the area of raw materials to steel plants, SER achieved a loading of 6.35 mt for the four-month period. The other major components of loading performance are: Coal: 5.63 mt (7.09 mt), finished products from steel plants: 2.05 mt (2.05 mt), export ore: 2.07 mt (1 mt), cement: 1.39 mt (1.21 mt), POL: 0.55 mt (0.46 mt), other general merchandise: 4.79 mt (4.46 mt).
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