Amid rising demand for coal freight and an aggressive push towards diversifying its freight basket, Indian Railways is planning to buy 1,00,000 more wagons over the next three financial years.
The procurement plan will majorly consist of BOX N wagons, which are used to transport coal, a senior ministry of railways official said. Notably, the railways recently floated a sizable tender worth Rs 35,000 crore of wagons, which had been in the pipeline since 2018.
“Our budget estimates for freight increase were conservative. With the encouraging freight numbers in this financial year, we want to attain higher numbers both in