Business Daily from THE HINDU group of publications
Monday, Nov 24, 2008
ePaper | Mobile/PDA Version | Audio | Blogs

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Logistics - Railways
Industry & Economy - Coal
Railways rakes in from coal demand

Major coal loading zonal railways have not been hit hard by the slowdown in the economy. The reason: steady demand for coal by power houses. Take the case of East Central Railway. Coal accounts for nearly 95 per cent of its traffic throughput. In case of South East Central Railway, it is more than 80 per cent and for East Coast Railway, it is around 54 per cent. All these zonal railways have not experienced any drop in coal traffic. They, in fact, hope to exceed last year& #8217;s throughput. Yet, it will be wrong to presume that they are free from worries. For example, imported coking coal for steel plants constitutes part of the coal traffic handled by East Coast Railway and, with the crisis in the steel industry, coking coal import has dropped.

OUR BUREAU

More Stories on : Railways | Coal | Financial Markets

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




Stories in this Section
How to make the bio-fuels transition


Security cover for cargo to US
Liverpool pitches for Indian trade
Strings to connect Asia, US
SBI is official banker, IOC partner for Volvo Race
Jet Airways to cut salaries by 5-25%
Slowdown: Customs agents feel the pinch
‘We can overcome the present crisis and achieve our target’
Railways rakes in from coal demand
Mangalore’s new airport terminal will increase area’s business potential




Life



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