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The Times of India
The Times of India
National
TimesOfIndia

East Coast Railway generates Rs 313.74 crore from disposal of scrap

BHUBANESWAR: In an effort to make the entire zone scrap-free and environment-friendly, the East Coast Railway (ECoR) disposed of the highest ever scrap from its jurisdiction from April 1 last year to March 31 this year.

Against the target of Rs 220 crore fixed by the Railway Board, the railway zone earned more than Rs 313.74 crore revenue from disposal. It earned 14.72 per cent more revenue from this as against earned in last fiscal. ECoR had earned a revenue of Rs 273.49 crore during the last financial year.

This time, ECoR conducted 188 e-auctions in its jurisdiction and sent materials to Rail Wheel Factory (RWF) for recycling and converting into other materials. Official sources said the ECoR generated Rs 112.27 crore from Waltair division, Rs 95.64 crore from Khurda Road division, Rs 39.47 crore from Sambalpur division, Rs 31.59 crore from general stores depot, Mancheswar and Rs 34.77 crore from other places.

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