SteelMint

Tag: Coal Rake Movement

  • India: Coal rake movement rises 10%, y-o-y, in Apr’22

    India: Coal rake movement rises 10%, y-o-y, in Apr’22

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    by

    Abdul Sayeed
    in

    Indian Railways supplied a total of 14,890 coal-laden rakes during Apr’22, as per CoalMint’s data. Rake movement increased 10% y-o-y from 13,500 in Apr’21, but it was still lower on the m-o-m basis. Inadequate development in rail infrastructure has put the power plants in a hand-to-situation despite coal companies bolstering surplus stock at the mines.…