Rlys says CIL charges of wagon shortage baseless

Image
Press Trust of India Kolkata
Last Updated : Jan 21 2013 | 2:33 AM IST

The Railways today said more wagons than needed were available for CIL during the last quarter of the past fiscal, disputing the coal major's charge that it could not meet production target due to shortage of rakes.

Stating that it was not a question of shortage but under-utilisation on the part of Coal India, the Railways in a release said here today that CIL's net wagon requirement in the fourth quarter accumulated to over 200 rakes/day against its original requirement of 180. The statement added that the Railways achieved a loading of about 179 rakes a day in March.

Reeling out daily freight loading figures for the first three quarters, the Railways said CIL could load only 153.6 rakes a in the first quarter, 145 in the second quarter, and 162 in the third quarter, even though more rakes were available for loading during these periods.

The CIL faced major problems in transporting coal from the mines to the railway sidings during these periods.

The Railways said although CIL has projected a sharp increase in stocks, this has not materialised in increased loading in the first week of April. "About 30 rakes/day were idling due to CIL’s inability to load up to full potential in the first week of this month. Against a projected requirement of 190 rakes/ day the loading was only 160-162 rakes/day despite adequate availability of rakes," the release said.

The railway ministry has already taken up the issue with the coal ministry, it said, adding transportation capacities lost in the first six months could not be made up in the last six months period.

The Railways also had to evacuate about 21-23 million tonne of imported coal for thermal power stations which was an increase of around 7 million tonne over the past year in view of CIL not being able to provide adequate coal to customers.

CIL Chairman Partha S Bhattacharyya on Tuesday said shortage of rakes posed a major problem for its subsidiaries like Mahanadi Coalfields, Central Coalfields and Bharat Coking Coal, and this was one of the main reasons for CIL missing the production target in 2009-10, he had said.

The company had achieved production of 431.27 million tonne during the year against the target of 435 million tonne.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 09 2010 | 8:06 PM IST

Next Story