Railways receive Rs 1204.78 billion from freight loading in Dec 2022
RAILWAYS & METRO RAIL

Railways receive Rs 1204.78 billion from freight loading in Dec 2022

In mission mode, Indian Railways' freight loading and earnings for the first nine months of this fiscal year 2022–23 exceeded those for the same period previous year.

In comparison to last year's loading of 1029.96 MT, a total freight loading of 1109.38 MT was reached between April and December 22, an improvement of 8%. In comparison to the same period last year, the railways made Rs 1204.78 billion as opposed to Rs 1040.40 billion, a 16% increase.

Originating freight loading reached 130.66 MT during the month of December 22, up from 126.8 MT on December 21. This represents an improvement of 3% from the previous year. Rs 145.73 billion in freight income were realised compared to Rs 129.14 billion rupees in freight earnings on December 21, an increase of 13% from the previous year.

Following the mantra "Hungry For Cargo," IR has consistently worked to make it easier to do business and to supply services at affordable pricing, which has led to an increase in both traditional and nontraditional commodity-related traffic on the railways. Railways was able to achieve this historic feat because of the business development units' customer-centric strategy and hard effort, which was supported by agile policymaking.

Also read:
Kollam Junction in Kerala to receive top-notch amenities
Madurai Railway Junction will get Rs 3.47 billion renovation


In mission mode, Indian Railways' freight loading and earnings for the first nine months of this fiscal year 2022–23 exceeded those for the same period previous year. In comparison to last year's loading of 1029.96 MT, a total freight loading of 1109.38 MT was reached between April and December 22, an improvement of 8%. In comparison to the same period last year, the railways made Rs 1204.78 billion as opposed to Rs 1040.40 billion, a 16% increase. Originating freight loading reached 130.66 MT during the month of December 22, up from 126.8 MT on December 21. This represents an improvement of 3% from the previous year. Rs 145.73 billion in freight income were realised compared to Rs 129.14 billion rupees in freight earnings on December 21, an increase of 13% from the previous year. Following the mantra Hungry For Cargo, IR has consistently worked to make it easier to do business and to supply services at affordable pricing, which has led to an increase in both traditional and nontraditional commodity-related traffic on the railways. Railways was able to achieve this historic feat because of the business development units' customer-centric strategy and hard effort, which was supported by agile policymaking. Also read: Kollam Junction in Kerala to receive top-notch amenities Madurai Railway Junction will get Rs 3.47 billion renovation

Next Story
Infrastructure Transport

Indian Railways Plans High Tech Overhaul of Train Control

Indian Railways is set to modernise its century old control systems in a bid to curb accidents and ease congestion across the world’s fourth largest rail network. Senior officials confirmed that the Railway Board is drafting a blueprint centred on advanced decision support technology to streamline traffic control and raise operational efficiency.The overhaul will replace fragmented, manually managed processes with an integrated, technology driven framework. At its heart will be a central command centre uniting every department involved in train operations. Equipped with real time monitoring,..

Next Story
Infrastructure Energy

Bangladesh Pays $384 Mn to Adani, Settles Most Power Dues

Bangladesh has significantly reduced its dues to Adani Power with a $384 million payment in June 2025 under their 2017 power supply agreement. This settlement brings the total cleared amount to nearly $1.5 billion out of approximately $2 billion billed, leaving an estimated $500 million still as 'claimed' dues. The payment is part of a $437 million commitment due by the end of the month.The power deal has come under scrutiny due to Bangladesh’s economic struggles, exacerbated by the Russia–Ukraine conflict and political instability. The ousting of Prime Minister Sheikh Hasina led to furthe..

Next Story
Infrastructure Energy

BHEL Wins Rs 65 Billion Adani Order for Six 800 MW Units

Bharat Heavy Electricals Ltd (BHEL) has secured a Letter of Award from Adani Power Ltd for the construction of six 800 MW thermal power units, together worth Rs 65 billion. Under the contract, BHEL will supply steam turbine generator sets with auxiliaries and supervise erection, testing and commissioning across the six units.The announcement came after market hours on Friday. Earlier in the session BHEL’s shares closed marginally lower at Rs 264.05, down 0.21 per cent on the BSE. Technical analyst Mileen Vasudeo of Arihant Capital recommends holding the stock with a stop loss at ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?