Railway's Nagpur unit sees Rs 4.27 billion in freight revenue
RAILWAYS & METRO RAIL

Railway's Nagpur unit sees Rs 4.27 billion in freight revenue

By loading 1,142 rakes in May, the Nagpur Division of Central Railway generated freight profits of Rs 4.72 billion, an increase of 1.3% over the same month the previous year. According to a CR statement, the accomplishment highlights the division's dedication to providing steady value to its stakeholders. The division's earnings from April 24 to May 24 totalled Rs 8.92 billion, indicating a continued uptrend in goods transportation services. It stated that the revenues from coal traffic, which amounted to Rs 3.86 billion by loading 910 rakes, were included in the performance across all freight categories. It stated that profits, which came in at Rs 3.35 billion with 869 rakes, grew by 15% compared to the same month last year.

By loading 1,142 rakes in May, the Nagpur Division of Central Railway generated freight profits of Rs 4.72 billion, an increase of 1.3% over the same month the previous year. According to a CR statement, the accomplishment highlights the division's dedication to providing steady value to its stakeholders. The division's earnings from April 24 to May 24 totalled Rs 8.92 billion, indicating a continued uptrend in goods transportation services. It stated that the revenues from coal traffic, which amounted to Rs 3.86 billion by loading 910 rakes, were included in the performance across all freight categories. It stated that profits, which came in at Rs 3.35 billion with 869 rakes, grew by 15% compared to the same month last year.

Next Story
Infrastructure Energy

Solar, Wind Bolster Thermal Power Amid Record Demand

This summer, solar and wind energy have significantly aided thermal power in meeting India's record power demand. On May 30, 2024, renewables provided 15% of the total power, with peak demand reaching 250 GW. The Ministry of Power highlighted the crucial role of solar and wind energy in meeting this demand during specific hours. Thermal power contributed 176 GW, with coal being the primary source, supplying 68% of the total power. South and North India were major contributors to renewable energy, with solar generating 421.19 MU, led by Rajasthan, Gujarat, and Karnataka. Wind energy generated..

Next Story
Infrastructure Urban

India Leads Indo-Pacific Economic Pact Signing

India, along with the United States and twelve other nations, has signed a significant economic pact aimed at bolstering cooperation and development across the Indo-Pacific region. This pact, signed by leaders from these countries, marks a crucial step towards strengthening economic ties and fostering regional stability. The agreement focuses on enhancing trade relations, promoting sustainable development initiatives, and addressing shared challenges such as climate change and infrastructure development. Key areas of collaboration include technology transfer, investment facilitation, and stra..

Next Story
Infrastructure Energy

Adani Commits $1 Billion to Sri Lankan Wind Projects

Adani Group has announced plans to invest over $1 billion in wind energy projects in Sri Lanka, marking a substantial commitment to bolster the country's renewable energy sector. This investment underscores Adani's strategic focus on expanding its presence in renewable energy across international markets. The proposed wind projects aim to enhance Sri Lanka's energy infrastructure, contributing to sustainable development goals by increasing clean energy capacity. Adani's initiative is expected to create employment opportunities and stimulate economic growth in Sri Lanka, while also fostering t..

Hi There!

Now get regular updates from CW Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Construction News on Whatsapp! Enjoy

+91 81086 03000

Join us Telegram