SCR registers highest gross originating revenue of nearly Rs 19,000 cr

On the passenger front, SCR achieved its best-ever originating passenger Revenue of Rs 5,140.70 crore in 2022-23 (against the previous best of Rs 4,089.78 crore in 2018-19), Jain said

Railways
Representative Image
Press Trust of India Hyderabad
2 min read Last Updated : Apr 17 2023 | 7:40 PM IST

: The South Central Railway (SCR) Zone has earned a Gross Originating Revenue of Rs 18,973.14 crore during the fiscal 2022-23, which is the highest originating revenue earned by the Zone since its inception, a senior official said on Monday.

"Backed by proactive planning and dedicated efforts by Team SCR on all segments of its operation, the Zone achieved its best-ever earnings in 2022-23 by recording Rs 18,973.14 crore in Originating Revenue compared to its best-ever earning of Rs 15,708.88 crore in 2018-19," SCR General Manager Arun Kumar Jain told reporters here.

In 2021-22, the Zone earned Rs. 14,266 crore.

The Zone took proactive initiatives to address the needs of the freight customers with initiatives like development of the goods shed, implementation of both tariff and non-tariff incentive measures and so on, which resulted in new traffic being attracted towards Railways, he said.

This has in turn contributed towards SCR achieving best-ever originating freight loading and revenue of 131.854 million tonnes and Rs 13,051.10 crore respectively, he said.

The previous best performance was achieved in 2018-19 wherein originating freight loading and revenue were 122.5 million tonnes and Rs 10,954.69 crore, respectively.

On the passenger front, SCR achieved its best-ever originating passenger Revenue of Rs 5,140.70 crore in 2022-23 (against the previous best of Rs 4,089.78 crore in 2018-19), Jain said.

In terms of passengers, 255.59 million originating passengers travelled from SCR in 2022-23 compared to 127.4 million in 2021-22.

In terms of track addition, a record 384.42 km were added during 2022-23 compared to the previous best of 344 km in 2021-22. While 50.015 km of new lines were added during FY 2022-23, 151.486 km of double line and 182.915 km of third lines were added to the rail network.

With regard to electrification, Jain said the Zone witnessed a record 1,016.9 km being electrified in SCR during 2022-23. This is not only the highest electrification achieved by the Zone in any financial year but also the highest achieved by any Zone during the last financial year across the Indian Railways, the SCR GM added.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :South Central Railway

First Published: Apr 17 2023 | 7:40 PM IST

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