SCR registers highest gross originating revenue of Rs 18,973.14 cr in 2022-23

SCR also registers best-ever infrastructure performance in terms of both Track additions as well Electrification done in a financial year

Advertisement
Update:2023-04-17 18:53 IST
Advertisement

HYDERABAD: South Central Railways (SCR) has the highest gross originating revenue of Rs. 18,973.14 crores in the financial year 2022-23, according to Arun Kumar Jain, ScR's General Manager.

According to Arun Kumar Jain, SCR has continued to deliver exceptional performance in diverse segments in its spheres of working by registering best-ever performance since its inception. Not only was the Zone's infrastructure upgraded significantly, but aggressive measures also helped SCR earn its highest-ever revenue in both the passenger and freight divisions, he said.

Advertisement

The Zone achieved its best-ever earnings in 2022-23 by recording Rs. 18,973.14 crs in Originating Revenue, compared to Rs. 15,708.88 crs in 2018. This was due to proactive planning and focused efforts by Team SCR throughout all sectors of its operation.

In 2021-22, the zone earned Rs. 14,266 crores. Notably, the operating ratio for the Zone has decreased from 98.25 percent in 2021-22 to 88.23 percent in 2022-23.

Advertisement

The Zone took proactive measures to meet the needs of freight customers, such as the building of a goods shed, the implementation of both tariff and non-tariff incentive measures, and so on, which resulted in new traffic being attracted to railways.

SCR achieved its best-ever Originating goods loading and revenue of 131.854 Million tonnes and Rs 13,051.10 Crore, respectively. The previous greatest result was in 2018-19, with originating goods loading and revenue totaling 122.5 MTs and Rs 10,954.69 Cr, respectively.

Advertisement

SCR was the first to reintroduce 100 percent of Mail Express Trains within its authority. This, along with the continuous introduction of special trains, temporary and permanent augmentation of coaches in trains with high demand, and attaching extra coaches on a daily basis, have all contributed to SCR achieving its highest-ever Originating Passenger Revenue of Rs. 5,140.70 Crores in 2022-23 (up from Rs. 4089.78 Core in 2018-19). In terms of passengers, SCR received 255.59 million originating passengers in 2022-23, up from 127.4 million in 2021-22.

Proper planning and quick implementation resulted in the Zone adding the best-ever track expansion to its rail network. In 2022-23, a record 384.42 kilometres were added, surpassing the previous best of 344 km in 2021-22. During FY 2022-23, 50.015 km of new lines were added to the rail network, along with 151.486 km of double lines and 182.915 km of third lines.

Electrification on the Zone saw unprecedented rapidity, with a record 1,016.9 km electrified in SCR period 2022-23. This is not only the greatest electrification obtained by the Zone in any fiscal year, but also the highest achieved by any Zone in Indian Railways during the previous fiscal year.

The achievement of the Zone in both Passenger and Freight segments were supported by workshops which gave best-ever POH Out turn in the last financial year. While Lallaguda and Tirupati Workshops achieved POH out of 3,046 coaches, the Rayanapadu Workshop has an POH Out turn of 6,300 wagons during 2022-23. The best ever out turn the coaches were in 2019-20 with 2,966 coaches, while for that of wagons there were 6,018 wagons in 2018-19.

A total of 1,743.42 kilometres of rail tracks on the Zone were improved to accommodate trains travelling at a maximum speed of 130 kmph. This is the highest obtained by any Zone across Indian Railways in the previous fiscal year.

SCR also commissioned 66 Electronic Interlocking systems over the last fiscal year, the most in Zone history, to improve capacity and safety of its train operations.

The Zone remains a forerunner in Material Management across Indian railways. Continuing in this vein, SCR achieved scrap sales of Rs. 391 crs in 2022-23, the best ever performance compared to the previous best of Rs. 352.83 crs in 2014-15.

Tags:    
Advertisement

Similar News