Indian Railways modifies wagons to earn Rs 300 cr extra revenues

By   www.financialexpress.com

To optimise its freight loading capacity and cut costs,Indian Railways has started modifying the existing BOXN open wagons to newly designed 25-tonne axle load  wagons with 9% extra carrying capacity.

With 5,000 such modified wagons to be running by February next year, the transporter will get an additional freight revenue of over Rs 300 crore for the next fiscal without having to spend anything extra on fuel and other costs.

The railways will float tenders for additional 15,000 wagons in another two weeks and of these, 3,000 will be for the new BOXN’s wagons, which will be at par with the 25-tonne axle load wagons.

Once these wagon fleets are also operational (possibly, by the end of the next fiscal), the transporter will be able to enhance its revenue significantly, official sources told FE. More info

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