South Western Railway records highest-ever originating revenue of ₹6,214 crore
The Hindu
Hubballi-Bengaluru double line likely to be commissioned by March 2023
Despite the COVID-19 setback, South Western Railway has registered the highest-ever gross originating revenue of ₹6,214 crore, with its originating freight revenue crossed the ₹4,000 crore mark in the just concluded financial year.
This is the highest revenue recorded by the railway zone ever since it came into existence.
Addressing presspersons along with Additional General Manager P.K. Mishra, General Manager of South Western Railway Sanjeev Kishore said that the zone has recorded originating freight earning of ₹4,160 crore, which was 27.34% more than that of the last year (₹3,266 crore).
“We have also registered the highest-ever capital expenditure of ₹5,560 crore, which is 20.86% more than the previous year’s, the highest-ever parcel revenue of ₹122.18 crore and the highest-ever scrap sales of ₹138.04 crore. With 94.26% punctuality in train operations, the zone stands fourth among all the railway zones,” he said.
Mr. Mishra said that despite the restrictions and slow down due to the pandemic, the railway zone has been able to achieve a record growth on all fronts and in the coming years, it will further improve its performance.
Mr. Sanjeev Kishore said that in freight loading, the railway zone has crossed the 44 million tonne mark for the second time in the last 14 years loading 44.42 million tonnes of freight during 2021-22.
To a query, Mr. Sanjeev Kishore said that track doubling is pending for just over 45 km on the Hubballi-Bengaluru section and the plan is to complete work by December 2022 and commission it by March 2023.
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