Indian Railways increased its monthly freight load by 9.15 pct. in September | So Good News

Indian Railways recorded a year-on-year increase of 9.15 percent in its incremental loading in September 2022. This month it stood at 9.7 MT. With a profitable September, Indian Railways has managed to maintain its growth momentum for the 25th consecutive month. It also showed impressive growth in shipping business in August.

This month, Indian Railways has achieved an incremental load of 6.8 MT in coal, followed by 1.2 in iron ore and 1.22 MT in balance other commodities, 0.4 MT in cement and clinker, and 0.3 MT in fertilizers .

IR continued car loading in September 2022

It has also been an impressive hike in car loading. Around 2,712 rakes have been loaded in FY 2022-23 till September compared to 1,575 rakes in the same period last year, i.e. a growth of 72.2%.

The cumulative freight load in the second and third quarters of this financial year has been 736.68 MT as against 668.86 MT achieved in 2021-22. This shows an increase of 67.83 MT in incremental load compared to the same period last year.

Freight net tonne kilometers (NTKM) registered a growth of 10.3 percent on a year-on-year basis by increasing to 69.97 billion in September 2022 from 63.43 billion in September 2021. The cumulative NTKMs in the first half of the year have also grown by 17.1% .

Coal supply to power plants increased by 17.3 per cent on an annual basis in September

Coal supply to power plants showed a growth of 17.3% in September 2022, compared to the same period last year. Indian Railways’ significant progress in increasing coal supply to power plants was another major highlight of the freight performance analysis. The loading of coal (including domestic and imported) to power plants increased by 6.2 MT in September. Around 42.00 MT of coal has been moved to power plants this year to September, compared to an input of 35.8 MT of coal in the same period in 2021.

Indian Railways has been working in close coordination with the Ministries of Power and Coal to increase coal supply to power plants. Cumulatively, in the first half of the year, Indian Railways has loaded more than 64.53 MT of additional coal to power plants compared to the same period last year, with a growth of more than 29.3%.

Along with coal, there has been an increase in the transport of other goods as well. For example, a 7.9 percent increase in the supply of fertiliser, a 10.8 percent increase in the supply of iron ore, a 14.1 percent increase in the transport of balance and other goods, etc.