AIRLINK 63.43 Increased By ▲ 0.23 (0.36%)
BOP 5.46 Increased By ▲ 0.06 (1.11%)
CNERGY 4.68 Increased By ▲ 0.11 (2.41%)
DFML 19.02 Decreased By ▼ -0.71 (-3.6%)
DGKC 70.29 Increased By ▲ 1.29 (1.87%)
FCCL 19.12 Increased By ▲ 0.87 (4.77%)
FFBL 30.86 Increased By ▲ 1.47 (5%)
FFL 9.58 Increased By ▲ 0.27 (2.9%)
GGL 10.16 No Change ▼ 0.00 (0%)
HBL 109.20 Decreased By ▼ -0.86 (-0.78%)
HUBC 127.70 Increased By ▲ 1.69 (1.34%)
HUMNL 6.85 Increased By ▲ 0.12 (1.78%)
KEL 4.39 Decreased By ▼ -0.08 (-1.79%)
KOSM 4.43 Decreased By ▼ -0.02 (-0.45%)
MLCF 37.39 Increased By ▲ 0.79 (2.16%)
OGDC 128.50 Increased By ▲ 0.20 (0.16%)
PAEL 22.80 Decreased By ▼ -0.39 (-1.68%)
PIAA 26.50 Increased By ▲ 0.30 (1.15%)
PIBTL 6.19 Increased By ▲ 0.19 (3.17%)
PPL 112.52 Decreased By ▼ -0.28 (-0.25%)
PRL 26.85 Decreased By ▼ -0.30 (-1.1%)
PTC 16.75 Decreased By ▼ -0.34 (-1.99%)
SEARL 60.72 Decreased By ▼ -1.37 (-2.21%)
SNGP 65.35 Increased By ▲ 1.40 (2.19%)
SSGC 11.05 Increased By ▲ 0.02 (0.18%)
TELE 9.10 Decreased By ▼ -0.13 (-1.41%)
TPLP 11.28 Increased By ▲ 0.28 (2.55%)
TRG 69.85 Decreased By ▼ -1.10 (-1.55%)
UNITY 23.65 Decreased By ▼ -0.30 (-1.25%)
WTL 1.31 Decreased By ▼ -0.07 (-5.07%)
BR100 7,280 Increased By 64.2 (0.89%)
BR30 23,637 Increased By 105.1 (0.45%)
KSE100 70,315 Increased By 694.7 (1%)
KSE30 23,132 Increased By 221.5 (0.97%)
Pakistan

Railways upgrade 620 coaches from its own resources

  • Regarding the availability of coaches, he said that at present around 472 coaches were out of service or non-functional, which needed heavy or light repair.
Published October 1, 2020

ISLAMABAD: Pakistan Railways has upgraded as many as 620 coaches from its own resources to increase revenue of the department and facilitate its passengers for comfortable travel during the last three years.

Giving the year wise breakup of the upgraded coaches, an official in the Ministry of Railways told APP that 168 coaches were upgraded in 2016-17, 192 in 2017-18 and 260 coaches in 2018-19.

Regarding the availability of coaches, he said that at present around 472 coaches were out of service or non-functional, which needed heavy or light repair.

Giving details about the repair, the official said that 39 coaches of Pakistan Railways under survey of condemnations being over-aged and beyond economical repair.

The official said that 205 coaches were available in workshops under periodical overhauling and nominated repair.

Around 228 coaches available in Lahore division and in Carriage Factory and C&W Shops held up since long for repairs.

He said Pakistan Railways was taking several steps to improve financial position of organization included starting of new trains with the same rolling stock and human resources.

The official said that introduction of Electronic Fuel Injection (EFI) locomotives and trains tracking system had contributed in reducing the fuel consumption by 2 million liters.

He said Pakistan Railways has earned Rs. 0.841 million more during the current financial year 2019-20 as compared to last fiscal year 2018-19 by taking prudent measures to turn the department into profitable entity.

“In the financial year 2019-20, the revenue has increased to Rs. 17.741 billion as compared to Rs. 16.9 billion of corresponding period of 2018-19 and the budget target of Rs16.5 billion,” he added.

He said the expenditures were Rs. 32 billion (2019-2020) as compared to Rs27 billion (201819) and the increase was on account of increase in fuel prices and salaries of the employees.

The official said the net revenue and expenditures could only be compared by the close of this financial year, adding that the revenue was already above the budget targets for first quarter of this fiscal year.

Comments

Comments are closed.