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September 08, 2008


Konkan Railway completes 10 years of operations

It is reported that Konkan Railway has achieved a significant milestone of completing 10 glorious years of train operations on its route on January 26th 2008.

There has been a major turn around in revenues of the Konkan Railways over the last 2 years. The operating surplus increased by 74% in 2005-06 fiscal and is steadily increasing by 30% per year. The freight earnings have shown a significant quantum jump in last 2 years, increasing by a record 71% in 2005-06 and surging by almost 25% to 30% per annum, for the first time surpassing the coaching earnings. The total earnings are expected to increase from INR 279 crore in 2004-05 to about INR 470 crore in current financial year, exhibiting an initial rise of 25% and thereafter a steady increase of about 15% to 20% per year. The operating ratio has significantly dropped by 12% in 2005-06 and further by 5% to 6% during 2006-07.

In these 10 years, Konkan Railways has also invented anti collision device, which can prevent midsection head on collisions, side collisions and rear end collisions of trains in addition to having many other safety features and acts as an additional safety layer over the existing system. No other technology in the world offers these features. Konkan Railway holds patent for the product. The first pilot project of ACD on Northeast Frontier Railway covering 1736 kilometer was commissioned in this financial year.

Konkan Railway also completed 9 years of operation of roll on roll off truck on train service on January 26th 2008. This innovative service has established that railways and roadways can exist in a symbiotic relationship. KRCL has earned more than INR 90 crore from ro ro service in 9 years.

Konkan Railway has been transporting millions of passengers and millions of tonnes of freight along the West Coast of India over last 10 years. On an average, about 35 million passengers travel by Konkan Railway route every year. Konkan Railway transports food grains, iron ore, fertilizers, cement, LPG, bauxite, vegetable oil, coal, containers etc via its route and has enabled prompt and fast delivery of goods being the shortest physical route connecting Mumbai to Mangalore.