Railways sets new record in scrap sales, earns Rs 2,582 cr in 6 months

Earnings from scrap sales in this period are 28.91 per cent higher than the previous financial year.

According to the Railways, in 2022-23, the target revenue from the sale of scrap has been set at Rs 4,400 crore.

As much as 3,93,421 metric ton of iron scrap has been sold off so far in 2022-23 as compared to 3,60,732 metric ton in 2021-22.

A total of 1,751 wagons, 1,421 coaches and 97 locomotives have also been sold off so far in 2022-23, against 1,835 wagons, 954 coaches and 77 locomotives till September last year.

The Railways sells scrap through e-auction.

Disclaimer: This story is auto-aggregated by a computer program and has not been created or edited by FreshersLIVE.Publisher : IANS-Media

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