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12-02-2019
RECORD REVENUE IN SCRAP SALE BY SOUTH EASTERN RAILWAY BEFORE THE END OF FINANCIAL YEAR

दक्षिणपूर्वरेलवे

SOUTH EASTERN RAILWAY

प्रेसविज्ञप्ति

PRESS RELEASE

RECORD REVENUE IN SCRAP SALE BY SOUTH EASTERN RAILWAY

BEFORE THE END OF FINANCIAL YEAR

Kolkata, 12th February, 2019

 

In order to generate additional revenue, South Eastern Railway has earned Rs. 209.36 Crores from Scrap Sale surpassing the proportionate target of Rs. 192 crores set by Ministry of Railways, well ahead of target date.The Scrap Sale by South Eastern Railway in current year has surpassed the entire sale of last year of Rs. 171.80 Crores. Which is 21.86% more than total saleof last financial year. All these scrap materials have been sold in transparent and competitive manner through E-Auction.

This record revenue has been possible due to regular monitoring of this activity and intense supervision at senior officers level for prompt identification of scrap and offering the scrap for E-Auction.

 

The major component of the Scrap Sale are 25,262 MT of engineering scrap (which includes scrap rails), 11,004 MT of other ferrous scrap, 1455 MT of non-ferrous scrap, 511 Nos. of condemned wagons, 172 Nos. of condemned coaches and 7 Nos. of condemned Diesel Locomotives which have been disposed off so far in current financial year. S E Railway has launched a mission to become scrap free railway.

 

Earnings from sale of scrap not o­nly increase railway’s revenue but also helps in keeping tracks, stations, workshops and depots neat and clean.

 

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