Indian Railways achieves highest ever scrap sale in Financial Year 2020-21 PSU NEWS

Indian Railways has achieved its highest ever scrap sale in Financial Year 2020-21

 

Indian Railways achieves highest ever scrap sale in Financial Year 2020-21

 

New Delhi: Indian Railways has achieved its highest ever scrap sale in Financial Year 2020-21. Through this sale, Indian Railways earned total Rs 4573 Cr. during 2020-21 compare to Rs 4333 Cr. during 2019-20 which is 5.5% higher.

This is the previous best was Rs 4409 Cr. in 2009-10. Indian Railways makes all out efforts to optimally utilise resources by mobilising scrap materials and sale through e-auction.
 

Generation and sales of unserviceable/scrap railway material is an ongoing process and is monitored at highest level in Zonal Railways and in Railway Board.  Railway administration makes all out efforts to mobilise scrap materials and sale through e-auction.  In construction projects, scrap is normally generated in Gauge Conversion projects.

Released Permanent Way items being offered for scrap are not reusable on track. These are disposed off in accordance with the Codal provisions of Railways.



Posted Date :  07-04-21

Categories : PSU NEWS

Tag Cloud: PSU NEWS

Similar news

BHEL rises to the occasion-supplies oxygen to hospitals in Bhopal

Bhopal: In the midst of the National crisis BHEL supplied oxygen to treat critically ill covid patients at Bhopal hospitals. Catering to the daily increasing demand of hospitals, BHEL Bhopal has supplied more than 5000 cubic meters of oxygen gas on 20th April 2021 to hospitals in Bhopal.  
Posted Date :  21-04-21

Read more

Discoms overdues reduced to Rs 74,510 crore in March 2021

New Delhi: The outstanding overdues of power distribution utilities fell by over Rs 15,118 crore to Rs 74,510 crore in March this year, as compared to the preceding month, mainly due to the release of the second tranche of liquidity infusion package, according to PFC Consulting Ltd data.  
Posted Date :  21-04-21

Read more

BPCL begins coastal shipping of acrylic acid from Kochi Refinery

Kochi: Bharat Petroleum begins coastal shipping of acrylic acid from our Kochi Refinery to Hazira port in Gujarat. The product was loaded into tank containers at the refinery, which was loaded onboard SSL Visakhapatnam from the International Container Transshipment Terminal (ICTT), Vallarpadam,
Posted Date :  21-04-21

Read more

Bharat Petroleum conducts a Webinar on Biofuels

Mumbai: Bharat Petroleum Corporation Limited (BPCL), a ‘Maharatna’ and a Fortune Global 500 Company organized a Webinar on Biofuels – A Way Forward as part of ‘Azadi Ka Amrut Mahotsav' to commemorate the 75th Anniversary of India's Independence in August 2022. The web
Posted Date :  21-04-21

Read more

3 ONGC employees abducted by armed miscreants in Assam

New Delhi: 3 employees of ONGC have been abducted by unknown armed miscreants in the early hours in Assam today. In a tweet ONGC said that its 3 employees, including 2 Junior Engineer Assistants (Production) & a Junior Technician (Production) have been abducted by unknown armed miscreants i
Posted Date :  21-04-21

Read more