SER saw its FY-17 freight loading earnings increase by Rs. 737 crore to Rs. 11,556 crore. On the other hand, ER earned Rs. 4,533 crore (Rs 4,397 crore).
While SER saw a one per cent decline in coal loading last fiscal to 25.12 mt over the last year; ER witnessed a 4 per cent rise in coal loading for the same period. Coal loading in ER, this fiscal, was 35.54 mt (34.16 mt).
“The accident in Lalmitia mines in Jharkhand saw coal production stop there, which along with other issues in the sector led to slightly reduced numbers for SER division,” S.N. Agrawal, General Manager in charge of both SER and ER, said. Read More…
Credit By: The Hindu Business Line
Latest posts by The Hindu Businessline (see all)
- With Centre Pulling The Plug On EV Policy, Will Automakers Still Step On The Gas? - February 19, 2018
- MNRE’s National Energy Storage Mission To Be Ready This Fiscal - February 16, 2018
- Will Meet Power Plants’ Coal Demand Next Year: Goyal - February 13, 2018