Waltair Rly Division achieves Rs 10K-cr turnover in FY24
Waltair Division in the East Coast Railway has achieved exceptional financial performance of Rs 10,000 crore in the current fiscal year and set a new record of sorts by handling freight of 75 million tonnes as on March 26.
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Visakhapatnam: Waltair Division in the East Coast Railway has achieved exceptional financial performance of Rs 10,000 crore in the current fiscal year and set a new record of sorts by handling freight of 75 million tonnes as on March 26.
The division touched the highest ever loading of 75.64 MT on Thursday with three more days to go for the financial year to come to an end. This significant increase over last fiscal year’s loading of 69.6 MT, despite facing numerous challenges including natural calamities, reflected the division’s robust growth trajectory.
A record 22.88 MT of mainly iron ore was loaded in the Kottavalasa – Kirandul line which was 22.4 per cent higher than last year. 20.66 MT loaded at Visakhapatnam Port and 17.75 MT at Adani Gangavaram Port. Visakhapatnam Steel Plant contributed 4.19 million tonnes, which was 16.7 per cent higher than last year.
Commodity-wise, coal and coke had a major chunk at 25.29 MT, followed by iron ore at 22.53 MTs, bauxite at 5.52 MT, alumina 3.77 MT, iron and steel at 3.02 MT, and loading of other goods such as slag, caustic soda, gypsum, and container traffic increased by 23.7 per cent contributing 12.30 MT.
Expressing his delight at the division’s stellar performance, Divisional Railway Manager Saurabh Prasad said “these achievements by Team Waltair are a historic milestone for our division. Through coordinated efforts, strategic planning, managing operations efficiently and close collaboration with freight customers have helped us set new records. This remarkable success underscores our commitment to operational excellence.”
