Coal freight disappoints Railways in April-May
CIL last year adopted a two-pronged strategy to focus on rail evacuation and even out the wagon-loading pattern all through the year. This will avoid the end season (January-March) rush when wagons are in short supply due to heavy demand from the farm sector. Accordingly, the company loaded 206 rakes a day in the April-June 2015 quarter. This was 10-11 per cent more than the corresponding period of the previous year and 6 per cent from the annual average of 2014-15. CIL ended 2015-16 with nearly 9.4 per cent growth in railway loading average to 213 rakes a day, higher than 8.8 per cent growth in offtake during the year, resulting a marginal rise in the Railway´ share in domestic coal freight.
Contact: Coal India.
Tel: 011-2201 8457.