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Home Breaking News

Southern Railway registers 14 pc rise in freight loading, earns Rs 2,744 cr revenue in FY 2021-22

The freight trains running in Southern Railway presently achieved the average speed of 49.4 Kmph (April-March’22) as a new milestone.

by NavJeevan
3 years ago
in Breaking News, Business, chennai, Coimbatore, Kerala, Madurai, National, railways, Tamil Nadu, Tiruchirappalli, Tirupur
Reading Time: 3 mins read
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Southern Railway establishes BDUs at Zonal, Divisional levels to boost freight traffic

A freight loading yard of Southern Railway. NE FILE PHOTO

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NE BUSINESS BUREAU
CHENNAI, APRIL 4

Southern Railway has registered a growth of 14% in freight loading and revenue generated was Rs 2,744 crores  during the period from April 2021 – March 2022, says a release.  

Southern Railway loaded 30.56 Million Tonnes of originating Freight during Financial Year (FY 2021-2022), registering a growth of 14% in comparison to the last financial year 2020-21 which stood at 26.84 Million Tonnes.

  • During FY 2021-2022 Thiruvananthapuram Division loaded 3.07 Million Tonnes freight and registered Rs 328.75 Crores freight earnings, a 4.46% increase in originating loading and 7.99% increase in Freight Earnings in comparison to FY 2020-2021
  • The Thiruvananthapuram Division has the highest number of secondary customers making digital payments in Indian Railways.

There is also a rise of 27% in originating freight revenue during the financial year 2021-22 compared to that of 2020-21. The revenue generation from originating freight loading is Rs 2,744 crores in 2021-22 as against Rs.2162 crores in 2020-21.  Besides, the originating freight revenue is 2% higher  than Railway Board’s target for 2021-22.

The main commodities of freight loading during this year 2021-22 were coal, iron & steel, cement, fertilizer, petroleum products  and container traffic.  Notably, Southern Railway loaded 13.5 Million Metric Tonnes of Coal in 3305 rakes in 2021-22 registering an increase of 31% over the previous year.  Besides, 0.45 Million Metric Tonnes of Iron & Steel,  2.08  Million Metric Tonnes of Cement, 2.8 million metric tones of indigenous fertilizers, 4.09 Million metric tonnes of POL and 1.99 million tonnes of Food grains loaded during 2021-22 also registered substantial increase in volume compared to 2020-21.

Automobile Rakes

Automobile Rake. NE FILE PHOTO

Due to increased demand from Automobile customers from Northern & North Eastern destinations,  Automobile loading increased in 2021-22 with 774 rakes/0.65 Million Metric Tonnes loading which is 56% more than 2020-21 which was 544 rakes with the tonnage of 0.42 MMT.

A record loading of 87 rakes were done during July’21 which is ever highest Automobile rakes loading in the history of Southern Railway.

Due to substantial increase of Automobile loading, Southern Railway recorded 44% growth in earnings which stood at Rs.189.05 Crores compared to 2020-21 which was Rs.134.63 Crores.

Business Development Units

In a bid to double the freight volume by 2024 and attract road traffic, the Ministry of Railways set up Business Development Units (BDUs) at all zonal and divisional levels in July 2020.  Southern Railway’s BDU effort has yielded significant results in diversifying its freight basket.

Southern Railway has registered an incremental traffic of 2.19 Million Metric Tonnes registering earnings of Rs.190 Crores from new commodities captured during April-October of FY 2021-22. The sustained efforts of Divisional BDUs have helped capture new traffic such as Automobile, Gypsum, construction Machineries, Carbon Black Feed Stock, Edible Oil in Tank wagons, Laterite, Paddy, Caustic Soda in Containers, Steel Coils, Granulated Copper Slags, Cement, Sugar, Petcoke, Charcoal, Soyabean extracts, Pulses, Limestone, Clinker, Super Phosphate, Harvester Machines, Power Tillers, Tractors to Benepole, Bauxite Ore, Cement, Clinker, Mosquito nets etc.

Speed Of Goods Trains

Representational Image.

Various initiatives taken to improve average speed of goods trains to 50KMPH for all over Southern Railway in order to improve wagon turn around for giving quick transit of loads/empties to freight customers according to their demands. The average speed of goods train in Southern Railway, previously  28 KMPH in 2019-20, now it has been improved to 46 KMPH in 2020-21. As an further improvement, the freight trains running in Southern Railway presently achieved the average speed of 49.4 Kmph (April-March’22) as a new milestone.

Oxygen Specials

Oxygen train. NE FILE PHOTO

During our Nation’s Pandemic crisis situation due to Covid-19 at beginning of this FY 21-22, Southern Railway transported Liquid medical Oxygen through Container wagons to serve the nation.  The Zone received 95 rakes carrying 7780 tons of Oxygen from various destinations from all over our country to the states of Tamil Nadu and Kerala.

During FY 2021-2022 Thiruvananthapuram Division loaded 3.07 Million Tonnes freight and registered Rs 328.75 Crores freight earnings, a 4.46% increase in originating loading and 7.99% increase in Freight Earnings in comparison to FY 2020-2021. The freight unloading(inward earnings) also touched 3.00 Million Tonnes which is 15.09% higher than FY 20-21. The division has the highest number of secondary customers making digital payments in Indian Railways.

Tags: 744 cr revenueearns Rs 2in freight loadingin FY 2021-22registers 14 pc riseSouthern Railway
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