Business Daily from THE HINDU group of publications Wednesday, May 07, 2008 ePaper | Mobile/PDA Version | Audio |
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Railways Industry & Economy - Coal Coal India seeks more rakes from rlys Our Bureau Kolkata, May 6 Coal India Ltd has sought additional rakes from the Indian Railways to move more quantities of coal in view of its plans for improved coal production over and above the targeted figure of 405 million tonnes (mt) for the current fiscal 2008-09 and to ensure implementation of the 47 mt pithead stock liquidation programme. The programme is taken up by the Union Coal Ministry as an anti-inflationary measure to improve the availability of coal in the market. The demand for more rakes was placed at a meeting between the CIL Chairman, Mr Partha S. Bhattacharyya, and the Chairman, Railway Board, Mr K.C. Jena, in Kolkata on Monday. Coal traffic has been the mainstay of the Indian Railways loading and contributed approximately 42.5 per cent of the total freight loading in 2007-08. More Stories on : Railways | Coal
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