Business Daily from THE HINDU group of publications
Wednesday, Apr 09, 2008
ePaper | Mobile/PDA Version


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Logistics - Railways
Eastern Rly freight loading dips in 2007-08

Our Bureau

Kolkata, April 8 Eastern Railway’s (ER) originating freight loading in 2007-08 dropped to 44.8 million tones (mt) from 48.3 mt in 2006-07, largely due to lower loading of coal in the mines under Eastern Coalfields Ltd (ECL).

The coal loading at ECL mines during the year was around 14.99 mt as compared to 17.74 mt in the previous year, said Mr N.K. Goel, General Manager of ER, while addressing the members of the Merchants’ Chamber of Commerce here on Tuesday.

Optimism expressed

Mr Goel, however, exuded optimism that the situation would vastly improve in the current fiscal (2008-09) and set the freight loading target for the year at 49 mt.

The optimism was based on the prospect of improved coal loading at the ECL mines.

Also, the freight loading under ER’s Howrah division was poised for a steady growth.

In 2007-08, the average freight loading in Howrah division was 1,235 wagons a day as compared to 760 in the previous year.

Of this, the coal loading accounted for 484 wagons a day (216 in the previous year).

The improved loading of coal at Pakur under Howrah Division also yielded better revenue earning for ER because of the long lead.

The Pakur coal was transported to as far as Ropar in Punjab whereas the coal loaded in ECL mines had much smaller lead, he said.

Passenger earning

ER’s originating freight earning in 2007-08 amounted to Rs 2,233.03 crore (Rs 1,804.73 crore), thus posting 23.73 per cent growth.

During the same period the passenger earning at Rs 1,170 crore (Rs 999.89 crore) showed a growth of 17.01 per cent, Mr Goel added.

More Stories on : Railways

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
C&C moves to higher value orders


Port, dock workers flay dredging policy
Dolphin Offshore gets LI for Gujarat shipyard project
Rly Board sanctions Rs 86 cr for Chittaranjan Loco Works
Rlys signs traffic guarantee pact with prospective users
Eastern Rly freight loading dips in 2007-08
Madurai rail division earnings
New kind


BusinessLine E-paper



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line