ISLAMABAD: The number of freight trains have registered a significant increase of upto 10 per day as comparing to only one per day during PPP regime.
The government is striving hard to reduce the deficit of Pakistan Railways by increasing its revenues, said an official of PR.
The sector was being strengthened by inducting new heavy haul locomotives and high capacity/high speed rolling stock which is reflected in phenomenal increase in the revenue of Rs 1.5 billion from freight in 2011-12 to Rs 8.4 billion in 2014-15.
"There are a number of proposals under consideration to increase number of freight trains. In the wake of installation of coal power projects in the country, Pakistan Railways will transport the whole coal traffic of these projects," he said.
To a question, he said, that 18 Diesel Electric Locomotives are under normal overhauling and will be repaired within three months.
He said that 89 Diesel Electric Locomotives will be repaired after procurement of spare parts through PSDP projects for rehabilitation.
He said that 30 Locomotives will be repaired up to June, 2016 while 59 Locomotives will be repaired up to June, 2017.
To another question he said adequate facilities for repair of Diesel Electric Locomotives are available in Pakistan Railways at Central Diesel Locomotive (CDL) Workshop, Rawalpindi, Loco Workshops, Mughalpura, Lahore and Diesel Shop, Karachi Cantt.
With the increase in earning the deficit of Pakistan Railways has not only been arrested but a considerable decreased.
During 2013-14 the expected deficit was Rs.33.5 billion but it was controlled and closed at Rs.32.527 billion.
Similarly in 2014-15 the budgeted deficit was about to rise to Rs.37
billion but it was kept as low as Rs.27.247 billion through strict financial control.
Comments
Comments are closed for this article.