Page 25 - Indian Railways

PM Modi to inaugurate India's first water metro in Kochi on Tuesday

He will also flag off Kerala's first Vande Bharat Express and inaugurate other projects worth more than Rs 3,200 cr

Rlys lowers RoRo freight rates by a third on dedicated freight corridors

New rates to ply for 6 months to test market appetite

Indian Railways earns record revenue of Rs 2.40 trillion in 2022-23

Indian Railways earned Rs 63,300 Cr as passenger revenue in 2022-23 as compared to Rs 39,214 crore in 2021-22 which is 61% higher than the last financial year

Indian Railways earns record revenue of Rs 2.40 trillion in 2022-23

Indian Railways has registered a record revenue of Rs 2.40 lakh crore in the 2022-23 financial year, up by nearly Rs 49,000 crore from the previous year, according to a ministry statement on Monday. In 2022-23, the freight revenue rose to Rs 1.62 lakh crore, a growth of nearly 15 per cent from the previous year. Indian Railways' passenger revenue has registered an all-time high growth of 61 per cent to reach Rs 63,300 crore. "After three years, Indian Railways is able to fully meet the pension expenditures. Buoyancy in revenues and tight expenditure management have helped in achieving an operating ratio of 98.14 per cent, well within the RE target. After meeting all revenue expenditure, railways generated Rs 3,200 crore for capital investment from its internal resources," it said. The railways has over the years approached the Finance Ministry to bear parts of its pension burden. The statement further stated that in terms of traffic revenue, the railways earned Rs 63,300 crore in

Vande Bharat Metro to hit tracks by December 2023; check features

The highly anticipated Vande Metro is expected to provide an affordable mode of transportation and will connect major cities, while also reducing the pressure on the suburban train network

Railways' Pankaj Mukheja upstages Aishwary Tomar in shooting trials

Railways' Pankaj Mukheja won his second match in two days, emerging victorious in the men's 50m rifle 3 positions event at the national selection trials after getter the better of Olympian Aishwary Pratap Singh Tomar here on Sunday. He had won the T3 (third) trials of the same event on Saturday. In the T4 gold medal match, Pannkaj overcame local favourite Tomar 16-12 to come out on top. Also winning on the day was Mehuli Ghosh, now representing the ONGC. She won the women's 10m air rifle T4 trials with a 17-9 result over her former state-mate Swarnali Roy of West Bengal. Rajasthan's Bhavesh Shekhawat claimed the men's 25m rapid fire pistol T4 trials. The day, however, belonged to Pankaj, who completed the men's 3P double on his current trip to Bhopal, after getting the better of Railways colleague Swapnil Kusale in the T3 trials. Swapnil was pushed to third on Sunday by India number one Aishwary who finished second in the ranking round to claim the right to challenge Pankaj for ..

More Indians are flying post-pandemic, only few prefer to travel by train

According to the data compiled till February shows that for 11 months of FY23, passenger booking was down by more than 1.815 billion as against the same period of FY20

Railways introduces HSN codes to stem losses from commodity transport

It's a bid to stem losses from misdeclaration of goods

BHEL-led consortium bags order of 80 sleeper class Vande Bharat trains

A consortium led by state-owned Bharat Heavy Electricals Ltd (BHEL) has bagged an order worth more than Rs 9,600 crore to supply 80 sleeper class Vande Bharat trains to Indian Railways over a period of six years. There is a demand for running sleeper class Vande Bharat or Train18 trainsets as these can ply on long routes like Delhi-Mumbai and Delhi-Howrah. Presently, all Vande Bharat trains in operation only have chair car and executive chair car classes. The BHEL-led consortium has been awarded an order for 80 Vande Bharat trains in the mega tender of the Indian Railways, the company said in a regulatory filing on Tuesday. The order is for supply of 80 trains each at a cost of Rs 120 crore, excluding taxes and duties. According to the filing, the order for AMC (Annual Maintenance Contract) has also been placed for 35 years. BHEL will supply the 80 trains over a period of 72 months. The consortium, comprising BHEL and Titagarh Wagons Ltd, is called Technology Partner. As per th

RINL aims to make 55,000 wheels in FY24 to meet Railways' demand: CMD Bhatt

State-owned steel maker RINL is aiming to produce 55,000 wheels in the current financial year to meet the demand from Indian Railways, its CMD Atul Bhatt said. Visakhapatnam-based Rashtriya Ispat Nigam Ltd (RINL) has set up a forged wheel plant at Lalganj, in Uttar Pradesh at an estimated cost of Rs 2,350-crore with a capacity to manufacture one lakh forged wheels per annum. "RINL supplied 2,465 Loco wheels and 2,639 LHB wheels to Railways in FY23. Preliminary Acceptance Certificate (PAC) has been issued for the plant and very soon production will be ramped up to 55,000 wheels in the current fiscal to meet the demand of Railways," he told PTI. The steel maker started supplying wheels in December 2021 when the first consignment of 51 loco wheels was flagged off from its Rae Bareli unit in Uttar Pradesh to the Railways. The targeted 50 per cent utilisation of the plant will significantly reduce the dependence on imports and help the national transporter to source the Made in India ..

Railway Board inspects working of Kavach system between two stations

Railway Board Chairman and CEO Anil Kumar Lahoti on Sunday inspected the working of KAVACH-- an indigenous Automatic Train Protection system -- between Lingampalli and Chitgidaa stations in Telangana. Lahoti travelled in one of the locomotives as part of the first-hand demonstration. The locomotives are equipped with KAVACH systems and he observed how the system automatically regulates the speed of the train while passing through the loop lines, how the whistling automatically happens while passing through the level crossing gates and how the system prevents the train from passing the signal at danger (SPAD), a release from South Central Railways (SCR) said here. He also oversaw how the KAVACH systems on the rolling stock helps in avoiding the train collisions either rear collision or head-on collision with the systems automatically applying brakes without the need for human intervention. The Railway Board Chairman also reviewed the working of Centre of Excellence for KAVACH ...

Inter-ministerial panel under GatiShakti recommends four rail projects

These projects will provide multimodal connectivity and seamless movement of goods and passengers, and increase logistics efficiency across the country

Vijayawada Railway Division logs highest gross earnings at Rs 5,306 cr

The South Central Railway (SCR) zone's Vijayawada Division has logged impressive financial metrics for the fiscal 2022-23, which include the highest ever gross earnings of Rs 5,306 crore and highest ever passenger revenue of Rs 1,247 crore among others, said an official on Thursday. Gross earnings rose by 66 per cent when compared to fiscal 2021-22 while the Division's previous best of Rs 5,136 crore was logged in 2018-19. Shivendra Mohan, divisional railway manager (DRM), said, "Divisional performance in 2022-23 is path breaking in the history of the Division, and exceeded the set targets and on all major fronts." Incidentally, the passenger revenues shot up by 70 per cent in comparison to Rs 730 crore recoded in the previous fiscal. However, freight business has emerged as the cash cow, contributing 74 per cent of the overall revenues, followed by 23 per cent from passenger business, 1.7 per cent from Other Coaching and 1.3 per cent from sundries. According to the DRM, 61.5 milli

Western Railway launches app for live-tracking of trains in Mumbai suburban

The Western Railway (WR) on Wednesday launched a mobile application that will allow commuters to check the live status of trains on its suburban network spread between Churchgate station in south Mumbai and Dahanu in adjoining Palghar district. According to the zonal railway, the app, 'Yatri', also has several other features. Western Railway general manager Ashok Kumar Misra launched the app at Churchgate station concourse in the presence of railway officials and other dignitaries, Sumit Thakur, chief public relations officer, WR, said in a press release. The Western Railway has installed GPS tracking devices in all its suburban trains, which will enable the app to provide their real-time location. Thakur said with this app, developed in collaboration with a private firm, commuters will not only be able to get a train's live location on map, but can also see it moving. In just three simple steps, commuters can view the live location. Commuters can find the nearest stations directl

IRCTC starts Bharat Gaurav Yatra train promoting Indian culture, heritage

IRCTC aims to promote the culture and heritage of the country with its Bharat Gaurav Yatra train covering the famous Sikh shrines of India

SER cancels 46 trains, short terminates 8 due to blockade of tracks in WB

At least 46 express and passenger trains were cancelled and eight others short terminated on Wednesday by the South Eastern Railway (SER) owing to an agitation and blockade at two railway stations in West Bengal by an organisation of the Kurmi community, an official said. In view of the agitation by members of the Kurmi community at Khemasuli station in West Medinipur district in Kharagpur-Tatanagar section of Kharagpur Division and Kustaur station in Purulia district in Adra-Chandil section of Adra Division from 5 am the 12814 Tatanagar-Howrah Steel Express, 12021 Howrah Barbil Jan Shatabdi Express, 12871 Howrah-Titlagarh Express were cancelled, a SER release said. The Kurmi community is demanding Scheduled Tribe status, an official said. The other trains cancelled were 08649 Adra-Purulia MEMU Special, 03595 Bokaro Steel City-Asansol MEMU Special, 03598 Asansol- Ranchi MEMU Special, 08650 Purulia-Adra MEMU Special, 18085 Kharagpur-Ranchi MEMU Express, 18116 Chakradharpur-Gomoh ...

Wabtec Corp plans to make Bihar factory into an export-oriented unit

A strong order book of around $1.5 billion itself is proof of Wabtec's growing strength in the Indian rail sector

Rail Vikas Nigam surges 9% after it bags order from NHAI, Indian Railways

The average trading volumes on the counter jumped three-fold as around 32.98 million shares changed hands on the NSE and BSE

Bhopal-New Delhi Vande Bharat Express breaches speed limit of 160 kmph

The maximum speed of the Bhopal-New Delhi Vande Bharat Express reached 161 kilometres per hour during its launch run on Saturday, breaching its expected speed limit of 160 kmph, officials said. The train that cuts the travel time between Bhopal and New Delhi by an hour, touched the speed of 161 kmph between Raja ki Mandi in Agra and Mathura, they added. A small stretch of the track between the Agra Cantonment and Nizamuddin railway stations has been designed in a manner to fit the speed limit. Earlier, the Ministry of Railways had said in an order that the Rani Kamalapati-New Delhi Vande Bharat Express train can run up to a maximum speed of 160 kmph over the Agra Cantonment-Tuglakabad section. Prime Minister Narendra Modi flagged off the 11th Vande Bharat Express train on Saturday. The semi-high speed train was flagged off from the Rani Kamalapati railway station in Bhopal in the afternoon in the presence of Railway Minister Ashwini Vaishnaw, Madhya Pradesh Governor Mangubhai Pate

Southern Railway reports highest-ever revenue at Rs 6,345 cr in FY23

Southern Railway on Sunday said it had recorded about 80 per cent jump in its revenue, which stood at Rs 6,345 crore in the passenger segment during the financial year 2022-23, its highest ever. During the corresponding period in the last financial year, it had earned revenues of Rs 3,539.77 crore. The highest revenue registered by Southern Railway before this was in the financial year 2019-20 at Rs 5,225 crore. About 640 million passengers travelled by Southern Railway in 2022-2023, which is a massive increase of 88.5 per cent over the 339.6 million passengers of 2021-22, an official release said. In the freight segment, Southern Railway said it had achieved many firsts, including the highest ever loading of cargo at 4.05 metric tonne, highest ever loading of petroleum at 5.2 metric tonne, and food grain loading at 3.23 metric tonne, among others. The railway zone generated its highest ever revenue from freight during the last financial year at Rs 3,637.86 crore as compared to Rs