You are here: Home » Companies » News
Business Standard

Krsihnapatnam port is the largest contributor to the freight earnings of SCR

In 2014-15, the private sector port accounted for as much as 23% of the total freight earnings of SCR that stood at Rs 9,398 cr

Prashanth Chintala 

The deep water Krishnapatnam port on the east coast in Nellore district of Andhra Pradesh (AP) has emerged as the single largest contributor to the freight earnings of South Central Railway (SCR) in the last couple of years.

In 2014-15, the private sector port accounted for as much as 23 per cent of the total freight earnings of SCR that stood at Rs 9,398 crore.

“The freight loading by rail from Krishnapatnam port has shown a dramatic increase in the past five years from 5 million tonnes (mt) in 2010-11 to 20.92 mt in 2014-15,” SCR general manager, Pradeep Kumar Srivastava, told Business Standard.

The port, whose hinterland includes parts of AP, Karnataka, Tamil Nadu and Maharashtra, is linked to the Chennai-Delhi route through a 19-km railway line. As of 2014, it is capable of handling 74 million tonnes of cargo a year.

Explaining the reasons for the jump in freight loading, Srivastava said the SCR had doubled and electrified the railway line to the port , which increased the rail connectivity. Besides, it had improved coordination with port authorities by posting additional man power, deputing officers and inspectors to monitor running of trains and rationalisation of train movement.

This apart, he said, import of iron ore from steel manufacturing contributed to the freight business. Among other companies, Jindal Steel of Bellary in Karnataka , Tata Steel Limited and Sunflag Iron & Steel Company Limited of Nagpur are the major importers of iron ore from southeast Asian countries, Australia and New Zealand through the port.

The SCR is currently transporting 18 rakes of cargo a day from Krishnapatnam port. On other hand, the cargo offtake from Kakinada port, the other major port in the SCR zone, ranged from 4-6 rakes a day. Accordingly, Kakinada port accounts for just 4-6 per cent of SCR's total freight earnings.

Besides iron ore, the major commodities being handled by the SCR at the two ports include cement, coal, food grains and fertilisers. Of late, granite blocks from Karimnagar in Telangana were also being exported from the port, mostly to China. Srivastava said freight movement from Krishnapatnam would further increase as finished goods were being exported from the port.

Passenger earnings of the SCR during 2014-15 also increased 15.4 per cent to Rs 3,086 crore from Rs 2,674 crore in the previous year. The SCR operates 733 passenger trains by which nearly one million passengers travel everyday.

"We have also operated 11,000 extra coaches last year during festival season and on other special occasions leading to transportation of an additional 500,000 passengers," Srivastava said, adding this provided an additional income of Rs 25 crore to the SCR.

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Mon, April 13 2015. 20:30 IST