Indian Railways experience a 59.38% increase in freight loading
RAILWAYS & METRO RAIL

Indian Railways experience a 59.38% increase in freight loading

In the fiscal year 2021-22, Indian Railways recorded an increase of 59.38% in freight loading. The total freight loading of the railways stood at 185.04 million tonne (mt), which is 59.38% greater than that of the previous year's 116.1 mt, which was 10.37% greater as compared to the year 2019 loading figure, 167.66 mt for the same period.

In 2021, Indian railways earned Rs 18,542.8 crore from freight loading. This amount is 4.92% greater than 2019's freight loading earning, Rs 17,674 crore, and 75.93% greater than 2020, which was Rs 10,540.1 crore for the same period. The railways have kept their momentum of being the highest ever loading for nine consecutive months from September 2020 to May 2021. The freight loading of Indian Railways for May 2021 has crossed the 2019 and 2020 year's loading and earnings for the same period.

The coal department has shown persistent growth. In the FY 2021-22, Indian Railways have loaded 88.15 million tonnes of coal which is an increase of 54.03% compared to the previous year 2020, loading 57.23 million tonnes, and an increase of 1.39% compared to the year 2019, loading 86.94 million tonnes.

In May 2021, the loading was 73.45 mt which is 44.99% greater than the previous year's loading of 50.66 mt for the same period. It is 10.27% greater than the year 2019 loading of 66.61 mt for the same period.

The loading of Indian Railways was 73.45 mt which includes 35.62 mt of coal, 9.77 mt of iron ore, 3.38 mt of foodgrains, 3.15 mt of cement (except clinker), 2.22 mt of fertilisers, and 2.02 mt of mineral oil.

In May 2021, railways earned Rs 7,368 crore from freight loading, 62.20% greater than the previous year's earnings, which was Rs 4,541.21 crore for the same month. Also, it is 4.93% greater compared to the earnings of 2019, which was Rs 7,021.75 crore for the same month.

Image Source


Also read: Railways registers highest-ever freight loading data

Also read: Indian Railways freight loading forecasts growth

In the fiscal year 2021-22, Indian Railways recorded an increase of 59.38% in freight loading. The total freight loading of the railways stood at 185.04 million tonne (mt), which is 59.38% greater than that of the previous year's 116.1 mt, which was 10.37% greater as compared to the year 2019 loading figure, 167.66 mt for the same period. In 2021, Indian railways earned Rs 18,542.8 crore from freight loading. This amount is 4.92% greater than 2019's freight loading earning, Rs 17,674 crore, and 75.93% greater than 2020, which was Rs 10,540.1 crore for the same period. The railways have kept their momentum of being the highest ever loading for nine consecutive months from September 2020 to May 2021. The freight loading of Indian Railways for May 2021 has crossed the 2019 and 2020 year's loading and earnings for the same period. The coal department has shown persistent growth. In the FY 2021-22, Indian Railways have loaded 88.15 million tonnes of coal which is an increase of 54.03% compared to the previous year 2020, loading 57.23 million tonnes, and an increase of 1.39% compared to the year 2019, loading 86.94 million tonnes. In May 2021, the loading was 73.45 mt which is 44.99% greater than the previous year's loading of 50.66 mt for the same period. It is 10.27% greater than the year 2019 loading of 66.61 mt for the same period. The loading of Indian Railways was 73.45 mt which includes 35.62 mt of coal, 9.77 mt of iron ore, 3.38 mt of foodgrains, 3.15 mt of cement (except clinker), 2.22 mt of fertilisers, and 2.02 mt of mineral oil. In May 2021, railways earned Rs 7,368 crore from freight loading, 62.20% greater than the previous year's earnings, which was Rs 4,541.21 crore for the same month. Also, it is 4.93% greater compared to the earnings of 2019, which was Rs 7,021.75 crore for the same month. Image SourceAlso read: Railways registers highest-ever freight loading data Also read: Indian Railways freight loading forecasts growth

Next Story
Infrastructure Energy

Greaves Electric Mobility Files for IPO

Electric-vehicle manufacturer Greaves Electric Mobility has announced plans to raise Rs 10 billion through an initial public offering (IPO), as stated in its draft papers filed. The company, recognised for its 'Ampere' brand of electric scooters, also produces three-wheelers under a separate brand. Greaves Electric’s major shareholders, Greaves Cotton—a publicly listed entity—and investment firm Abdul Latif Jameel Green Mobility Solutions, will collectively sell approximately 189.4 million shares through the IPO. This move positions Greaves Electric alongside larger competitor Ather En..

Next Story
Infrastructure Energy

IREDA Approves Rs 30 Billion for Odisha's Renewable Energy Projects

Indian Renewable Energy Development Agency (IREDA) has approved funding exceeding Rs 30 billion for renewable energy projects in Odisha as the state strives to achieve its goal of 10 GW capacity by 2030. Pradip Kumar Das, Chairman and Managing Director of IREDA, shared this update during the Odisha Solar Investor Conclave organised by GRIDCO. He emphasised that accessible financing is crucial to fostering the adoption of renewable energy. Das outlined IREDA's significant contributions to funding renewable energy projects in Odisha, spanning sectors such as solar, hydro, ethanol, and renewable..

Next Story
Infrastructure Energy

Oil Prices Rise Amid Light Pre-Christmas Trading

Oil prices edged higher during light trading ahead of the Christmas Day holiday. The increase was attributed to positive US economic data and growing oil demand in India, the third-largest importer of oil globally. Brent crude futures rose by 33 cents, or 0.45 per cent, to reach $72.95 per barrel, while US West Texas Intermediate (WTI) crude futures gained 29 cents, or 0.42 per cent, settling at $69.53 per barrel as of 0114 GMT. Economic indicators in the United States highlighted a surge in new orders for key manufactured capital goods in November, driven by robust demand for machinery. Add..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000