Muhammad Omar
ELITE MEMBER
- Joined
- Feb 3, 2014
- Messages
- 13,558
- Reaction score
- 15
- Country
- Location
Well waiting for June 2016 to see the actual figure about revenue...
Pakistan Railways: News & Updates
- Thread starter Edevelop
- Start date
Well waiting for June 2016 to see the actual figure about revenue...
Muhammad Omar
ELITE MEMBER
- Joined
- Feb 3, 2014
- Messages
- 13,558
- Reaction score
- 15
- Country
- Location
CDWP approves Rs 16.3 billion for 58 locomotives
The Central Development Working Party (CDWP) on Monday approved procurement of 58 diesel and electric locomotives worth Rs16.3 billion by Pakistan Railways and recommended the project to ECNEC for final approval, while it deferred decision on the Right Bank Outfall Drain after Sindh and Balochistan expressed reservations on the project.
The meeting of the CDWP was chaired by Minister for Planning and Development Ahsan Iqbal. The meeting approved eleven development projects worth Rs 10 billion including four higher education projects, water resources, transport and communication. The foreign exchange component of the approved projects totalled Rs1.69 billion.
Ahsan Iqbal directed that projects should be completed within the given time with approved cost and resources. He directed the Ministry of Water and Power to address concerns of Sindh and Balochistan on the RODB. He also directed integrating the three phases of RODB to sort out the pollution in the Mancher Lake.
The meeting was told that out of 465 locomotives of Pakistan Railways 300 were out of order. They have completed their life and the new locomotives are immediately required. A project for up-gradation of terminal facilities at the Dry Port at a cost of Rs 1.022 billion was also approved during the meeting.
The committee approved Rs 547.215 million for University of Peshawar to improve academics. It also approved development of University of Balochistan, Quetta project at a cost of Rs 1.096 billion with foreign exchange component (FEC) of Rs 571.073 million. The establishment of engineering department in Mardan campus of UET Peshawar at the cost of Rs 1.383 billion was approved with an FEC of Rs 763.485 million. It also approved strengthening of academics of Mehran University of Engineering and Technology Jamshoro with a cost of Rs 927.148 million with Rs 358.624 million in FEC.
In water resources sector CDWP approved feasibility study of Akhori Dam project at the cost of Rs 286.857 million. Construction of Sanam Dam project in District Lower Dir was also approved. The meeting approved construction of fish landing jetty and allied harbour works at Surbandar Eastbay Gwadar at the cost Rs 1.650 billion, while another fish landing jetty and related facilities were approved for Pishukan Eastbay Gwadar at the cost of Rs 1.869 billion.
The committee approved the construction of a complex for National Highways and Motorway Police at Rahim Yar Khan at the cost of Rs 113.093 million. It also approved construction of residential and non-residential buildings for Force HQ GB Scouts and 112 Wing at Skardu at the cost of Rs 237.217 million.
The CDWP approved the concept clearance proposal for establishment of Cardiac Care Centre at AIMS, Islamabad at the cost of Rs 393.238 million. It also approved concept clearance for the establishment of Central Asian Regional Economic Corporation (CAREC) University in Islamabad.
Railways to earn Rs 12b from freight trains
The Pakistan Railways will generate more than Rs 12 billion revenue through freight trains during the current financial year.
The organisation was hoping to cross the set revenue generation targets in freight sector this year, an official in the ministry of railways told APP.
“Fast Cargo” train would also run between Karachi to Rawalpindi to help generating more revenue, he added. “The Pakistan Railways had allocated around 85 to 90 locomotives for freight trains,” the official added.
He said 55 locomotives were scheduled to arrive soon from United States and would be attached with freight trains.
The Pakistan Railways during the financial year 2013-14 loaded 76,307 wagons against loading of 46,617 wagons in the corresponding period of year 2012-13, thus 29,619 more wagons were loaded in the year 2013-14, he said.
He said the earning from freight loading during 2013-14 was Rs 3.529 billion whereas during the corresponding period (2012-13) it was Rs 1.957 billion. The net increase in earning was Rs 1.572 billion with growth of 80.33 per cent in one year, he added.
The official said however freight loading during 2014-2015 was 176,155 wagons against loading of 76,307 wagons during 2013-2014. The earning from freight loading during 2014-2015 was Rs 8.346 billion against earning of Rs 3.529 billion during the corresponding period. The net increase in freight earning remained Rs 4.817 billion with growth of 136 per cent during year 2014-15.
The Central Development Working Party (CDWP) on Monday approved procurement of 58 diesel and electric locomotives worth Rs16.3 billion by Pakistan Railways and recommended the project to ECNEC for final approval, while it deferred decision on the Right Bank Outfall Drain after Sindh and Balochistan expressed reservations on the project.
The meeting of the CDWP was chaired by Minister for Planning and Development Ahsan Iqbal. The meeting approved eleven development projects worth Rs 10 billion including four higher education projects, water resources, transport and communication. The foreign exchange component of the approved projects totalled Rs1.69 billion.
Ahsan Iqbal directed that projects should be completed within the given time with approved cost and resources. He directed the Ministry of Water and Power to address concerns of Sindh and Balochistan on the RODB. He also directed integrating the three phases of RODB to sort out the pollution in the Mancher Lake.
The meeting was told that out of 465 locomotives of Pakistan Railways 300 were out of order. They have completed their life and the new locomotives are immediately required. A project for up-gradation of terminal facilities at the Dry Port at a cost of Rs 1.022 billion was also approved during the meeting.
The committee approved Rs 547.215 million for University of Peshawar to improve academics. It also approved development of University of Balochistan, Quetta project at a cost of Rs 1.096 billion with foreign exchange component (FEC) of Rs 571.073 million. The establishment of engineering department in Mardan campus of UET Peshawar at the cost of Rs 1.383 billion was approved with an FEC of Rs 763.485 million. It also approved strengthening of academics of Mehran University of Engineering and Technology Jamshoro with a cost of Rs 927.148 million with Rs 358.624 million in FEC.
In water resources sector CDWP approved feasibility study of Akhori Dam project at the cost of Rs 286.857 million. Construction of Sanam Dam project in District Lower Dir was also approved. The meeting approved construction of fish landing jetty and allied harbour works at Surbandar Eastbay Gwadar at the cost Rs 1.650 billion, while another fish landing jetty and related facilities were approved for Pishukan Eastbay Gwadar at the cost of Rs 1.869 billion.
The committee approved the construction of a complex for National Highways and Motorway Police at Rahim Yar Khan at the cost of Rs 113.093 million. It also approved construction of residential and non-residential buildings for Force HQ GB Scouts and 112 Wing at Skardu at the cost of Rs 237.217 million.
The CDWP approved the concept clearance proposal for establishment of Cardiac Care Centre at AIMS, Islamabad at the cost of Rs 393.238 million. It also approved concept clearance for the establishment of Central Asian Regional Economic Corporation (CAREC) University in Islamabad.
Railways to earn Rs 12b from freight trains
The Pakistan Railways will generate more than Rs 12 billion revenue through freight trains during the current financial year.
The organisation was hoping to cross the set revenue generation targets in freight sector this year, an official in the ministry of railways told APP.
“Fast Cargo” train would also run between Karachi to Rawalpindi to help generating more revenue, he added. “The Pakistan Railways had allocated around 85 to 90 locomotives for freight trains,” the official added.
He said 55 locomotives were scheduled to arrive soon from United States and would be attached with freight trains.
The Pakistan Railways during the financial year 2013-14 loaded 76,307 wagons against loading of 46,617 wagons in the corresponding period of year 2012-13, thus 29,619 more wagons were loaded in the year 2013-14, he said.
He said the earning from freight loading during 2013-14 was Rs 3.529 billion whereas during the corresponding period (2012-13) it was Rs 1.957 billion. The net increase in earning was Rs 1.572 billion with growth of 80.33 per cent in one year, he added.
The official said however freight loading during 2014-2015 was 176,155 wagons against loading of 76,307 wagons during 2013-2014. The earning from freight loading during 2014-2015 was Rs 8.346 billion against earning of Rs 3.529 billion during the corresponding period. The net increase in freight earning remained Rs 4.817 billion with growth of 136 per cent during year 2014-15.
Muhammad Omar
ELITE MEMBER
- Joined
- Feb 3, 2014
- Messages
- 13,558
- Reaction score
- 15
- Country
- Location
Highlights of inaugural ceremony of "Refurbished Rake of Pak Business Express" at Lahore Railway Station
Muhammad Omar
ELITE MEMBER
- Joined
- Feb 3, 2014
- Messages
- 13,558
- Reaction score
- 15
- Country
- Location
Muhammad Omar
ELITE MEMBER
- Joined
- Feb 3, 2014
- Messages
- 13,558
- Reaction score
- 15
- Country
- Location
The Sandman
ELITE MEMBER
- Joined
- Aug 26, 2015
- Messages
- 8,645
- Reaction score
- 16
- Country
- Location
Railway minister just doing inspection of trains, stations etc.
Muhammad Omar
ELITE MEMBER
- Joined
- Feb 3, 2014
- Messages
- 13,558
- Reaction score
- 15
- Country
- Location
Inauguration of Green Parcel Express
Introvert
FULL MEMBER
- Joined
- Dec 28, 2006
- Messages
- 1,056
- Reaction score
- 3
PAKISTAN RAILWAYS TO PURCHASE 800 BOGIES FROM CHINA
ISLAMABAD: Pakistan Railways will purchase 800 bogies of goods train from China by end of this year.
According to a private news channel, these bogies will be used for carriage of coal from Karachi to Sahiwal for coal power project.
According to the report, Pakistan will be able to save 6 billion rupee annually after inclusion of these bogies in Pakistani Railways system.
The reports said that 205 bogies will be manufactured in China, while rest of bogies will be manufactured in Railway workshop, Lahore.
Pakistan Railways to purchase 800 bogies from China
ISLAMABAD: Pakistan Railways will purchase 800 bogies of goods train from China by end of this year.
According to a private news channel, these bogies will be used for carriage of coal from Karachi to Sahiwal for coal power project.
According to the report, Pakistan will be able to save 6 billion rupee annually after inclusion of these bogies in Pakistani Railways system.
The reports said that 205 bogies will be manufactured in China, while rest of bogies will be manufactured in Railway workshop, Lahore.
Pakistan Railways to purchase 800 bogies from China
ghazi52
PDF THINK TANK: ANALYST
- Joined
- Mar 21, 2007
- Messages
- 102,789
- Reaction score
- 106
- Country
- Location
Deal signed with China for 800 hopper wagons
ISLAMABAD: The railways ministry signed a contract on Thursday with China’s Jinan Railway Vehicles Equipment Company for the supply of 800 hopper wagons, a railroad freight car, which will be used to transport coal from Port Bin Qasim to power plants, including the Qadirabad power plant near Sahiwal.
The vehicles equipment company is a subsidiary of the China CNR Corporation. It is now one of China’s major manufacturers of railway freight wagons. Pakistan Railways Director Procurement Ziauddin Qureshi and the chief executive of China CNR signed the agreement on behalf of their respective sides.
Under the terms of agreement, Jinan will supply 200 complete built units (CBU) wagons and 580 complete knock-down (CKD) wagons to be manufactured at the Mughalpura railway workshop. It was decided that five freight trains will operate daily from Port Bin Qasim to Qadirabad to transport 12,000 tons of coal for power projects.
According to the ministry, the total cost of 800 wagons was estimated to be Rs3.92 billion. They said that the wagons will supplied within six to 10 months.
These freight cars have an automatic discharge mechanism with a discharging time of 30 seconds. Loading can be done from the top while unloading can be carried from the sides through a pneumatic door operating mechanism as well as manually.
Minister for Railways Saad Rafiq, who was present at the event, said that Pakistan Railways will earn Rs6bn per annum by transporting coal from Port Qasim to coal-based power plants. He added that Pakistan Railways saved Rs1bn through re-tendering of the project. Among the bids, the Jinan company was the lowest at a total cost of Rs3.92bn.
Mr Rafiq said that the ministry was finalising another contract for the purchase of 585 hopper wagons and tenders for this purpose will be issued soon.
Pakistan Railways has already signed a contract with the General Electric (GE) of the United States for the supply of 55 diesel electric locomotives at a cost of Rs22.44bn. These locomotives will also be used for the transportation of coal.
Published in Dawn, January 15th, 2016
ISLAMABAD: The railways ministry signed a contract on Thursday with China’s Jinan Railway Vehicles Equipment Company for the supply of 800 hopper wagons, a railroad freight car, which will be used to transport coal from Port Bin Qasim to power plants, including the Qadirabad power plant near Sahiwal.
The vehicles equipment company is a subsidiary of the China CNR Corporation. It is now one of China’s major manufacturers of railway freight wagons. Pakistan Railways Director Procurement Ziauddin Qureshi and the chief executive of China CNR signed the agreement on behalf of their respective sides.
Under the terms of agreement, Jinan will supply 200 complete built units (CBU) wagons and 580 complete knock-down (CKD) wagons to be manufactured at the Mughalpura railway workshop. It was decided that five freight trains will operate daily from Port Bin Qasim to Qadirabad to transport 12,000 tons of coal for power projects.
According to the ministry, the total cost of 800 wagons was estimated to be Rs3.92 billion. They said that the wagons will supplied within six to 10 months.
These freight cars have an automatic discharge mechanism with a discharging time of 30 seconds. Loading can be done from the top while unloading can be carried from the sides through a pneumatic door operating mechanism as well as manually.
Minister for Railways Saad Rafiq, who was present at the event, said that Pakistan Railways will earn Rs6bn per annum by transporting coal from Port Qasim to coal-based power plants. He added that Pakistan Railways saved Rs1bn through re-tendering of the project. Among the bids, the Jinan company was the lowest at a total cost of Rs3.92bn.
Mr Rafiq said that the ministry was finalising another contract for the purchase of 585 hopper wagons and tenders for this purpose will be issued soon.
Pakistan Railways has already signed a contract with the General Electric (GE) of the United States for the supply of 55 diesel electric locomotives at a cost of Rs22.44bn. These locomotives will also be used for the transportation of coal.
Published in Dawn, January 15th, 2016
Muhammad Omar
ELITE MEMBER
- Joined
- Feb 3, 2014
- Messages
- 13,558
- Reaction score
- 15
- Country
- Location
CPEC’S RAIL TRACK UPGRADATION TO BEGIN WITHIN 6 MONTHS: SAAD
Multan—Federal Minister for Railways Khawaja Saad Rafiq said on Friday that work on rail track upgradation in the country under the China-Pakistan Economic Corridor (CPEC) would begin within next six months from Multan. Addressing a gathering of industrialists, the Railways Minister termed the CPEC as a game changing project to usher in a new era of prosperity in the country.
He said Multan and surroundings were plain areas and lie in the middle and hence beginning rail track up gradation from here would be easy. Saad Rafiq said rail track would be upgraded from Karachi to Multan, Lahore, Rawalpindi, Peshawar and up to Torkham. He said with the availability of upgraded modern track, trains would be operating at a high speed of 160 kilometres per hour.
Saad Rafiq announced that e-ticketing system would be operational in Railways soon that would enable people book seats from their home and make payments through fast money transfer facilities already available in the country. He said 80 per cent work on e-ticketing system had been completed and once operational it would resolve the problem of tickets sale through black marketing once and for all.
He said since the day he took over as Railways minister three year back, he encountered new problem every day. But, he added, he kept on moving forward while solving problems. The minister said Railways earnings would be around Rs 35 billion coming June 2016 which was just over Rs 18 billion when he took over the charge as minister.
He said freight trains’ earning was only Rs 1.8 billion which the Railways was projected to elevate to Rs 12 billion in June 2016. He said that provinces had the Railways land but recently KPK had transfered land to Railways and efforts would be made to get Railways land in other provinces too.
He said land record of Railways was undergoing computerization process. According to record available, Railways land measure around 167,000 acres. However, another 15000 acre land has been detected during the process of computerization of land record of Railways. Saad said double track had been laid between Lahore and Karachi, however, work on double track from La-hore to Peshawar was yet to be completed.
He said 11 railway stations were being upgraded and renovated on modern lines under the annual development plan while another 31 railway stations’ renovation including the one in Multan would be taken up in the second phase. He said air conditioned coaches would be attached to Multan-Rawalpindi Meher Express. He said that he was determined to upgrade rest of the trains but added that it would take at least three years to complete this task.
He said there was need for introduction of a fast train to run from Multan to Islamabad and a high level meet-ing would be held within next few days to discuss the matter. He said Railways was interested in running a cargo train from Karachi to Multan for transportation of business goods but business community of this area did not took interest in the initiative despite the fact that Railways was offering freight fare much below what truck containers charge and would ensure transpirtation in shortest possible time.
He said that Musa Pak train was running in losses and that is why a new train, Multan Express, was inaugu-rated today that would run from Multan to Lahore to compensate for losses incurred by Musa Pak train. He, however, added that this train was being introduced for 90 days with upgraded facilities like Wifi and oth-ers. Its financial performance would be reviewed after three months.—APP
Share this:
Okara Station's Upgradation....
Multan—Federal Minister for Railways Khawaja Saad Rafiq said on Friday that work on rail track upgradation in the country under the China-Pakistan Economic Corridor (CPEC) would begin within next six months from Multan. Addressing a gathering of industrialists, the Railways Minister termed the CPEC as a game changing project to usher in a new era of prosperity in the country.
He said Multan and surroundings were plain areas and lie in the middle and hence beginning rail track up gradation from here would be easy. Saad Rafiq said rail track would be upgraded from Karachi to Multan, Lahore, Rawalpindi, Peshawar and up to Torkham. He said with the availability of upgraded modern track, trains would be operating at a high speed of 160 kilometres per hour.
Saad Rafiq announced that e-ticketing system would be operational in Railways soon that would enable people book seats from their home and make payments through fast money transfer facilities already available in the country. He said 80 per cent work on e-ticketing system had been completed and once operational it would resolve the problem of tickets sale through black marketing once and for all.
He said since the day he took over as Railways minister three year back, he encountered new problem every day. But, he added, he kept on moving forward while solving problems. The minister said Railways earnings would be around Rs 35 billion coming June 2016 which was just over Rs 18 billion when he took over the charge as minister.
He said freight trains’ earning was only Rs 1.8 billion which the Railways was projected to elevate to Rs 12 billion in June 2016. He said that provinces had the Railways land but recently KPK had transfered land to Railways and efforts would be made to get Railways land in other provinces too.
He said land record of Railways was undergoing computerization process. According to record available, Railways land measure around 167,000 acres. However, another 15000 acre land has been detected during the process of computerization of land record of Railways. Saad said double track had been laid between Lahore and Karachi, however, work on double track from La-hore to Peshawar was yet to be completed.
He said 11 railway stations were being upgraded and renovated on modern lines under the annual development plan while another 31 railway stations’ renovation including the one in Multan would be taken up in the second phase. He said air conditioned coaches would be attached to Multan-Rawalpindi Meher Express. He said that he was determined to upgrade rest of the trains but added that it would take at least three years to complete this task.
He said there was need for introduction of a fast train to run from Multan to Islamabad and a high level meet-ing would be held within next few days to discuss the matter. He said Railways was interested in running a cargo train from Karachi to Multan for transportation of business goods but business community of this area did not took interest in the initiative despite the fact that Railways was offering freight fare much below what truck containers charge and would ensure transpirtation in shortest possible time.
He said that Musa Pak train was running in losses and that is why a new train, Multan Express, was inaugu-rated today that would run from Multan to Lahore to compensate for losses incurred by Musa Pak train. He, however, added that this train was being introduced for 90 days with upgraded facilities like Wifi and oth-ers. Its financial performance would be reviewed after three months.—APP
Share this:
Okara Station's Upgradation....
Muhammad Omar
ELITE MEMBER
- Joined
- Feb 3, 2014
- Messages
- 13,558
- Reaction score
- 15
- Country
- Location
Inauguration of Multan Express and Up gradation of Moosa Pak Express.....
Muhammad Omar
ELITE MEMBER
- Joined
- Feb 3, 2014
- Messages
- 13,558
- Reaction score
- 15
- Country
- Location
Inaugural ceremony "Reconstruction of Sahiwal Railway Station"
Similar threads
