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RAILWAY SCRAP AUCTION
Junk to jackpot in just 6 months: How Railways made Rs 323 crore from old & discarded material lying across its yards and depotsCentral Railway has earned Rs 323.50 crore through scrap sales between April and September 2026, the highest among Indian Railways’ zonal n...- Govt expects 33% on-yr fall in revenue from telecom sector in FY26The government anticipates telecom sector revenue to fall 33% to Rs 82,442.84 crore in FY26, following an unexpectedly high Rs 1,23,357.20 ...
- Rail-Coach restaurant to be set up at 2 Bengaluru railway stations by Oct this yearSouth Western Railway plans to set up theme-based, air-conditioned rail-coach restaurants with state-of-the-art facilities at KSR Bengaluru...
- New record for Indian Railways, Rs 2,582 cr worth of scrap sold in 6 monthsGoing by the data, s much as 3,93,421 metric ton of iron scrap has been sold off so far in 2022-23. The amount sold during the same six mon...
- Railways registers record sale in scrap in 2020-21In the Indian Railways, scrap materials are generated mainly by way of laying new tracks, converting old tracks into new ones, abandoning o...
- mjunction services limited has helped RITES, an arm of Indian Railways, sell assets belonging to East Central RailwayUnder the transaction, RITES sold off assets at the erstwhile Rohtas Industries at Dalmianagar in Bihar. These assets consisted of plant an...
- Railway Ministry to scrap bids for 9,500 wagons, water plantsRail Neer is the packaged drinking water produced and supplied in trains by the railways catering arm, the Indian Railway Catering and Tour...
- Decline in railway earnings from scrap e-auctionRailway scrap is generated mainly from condemned wagons, coaches, locos, wheels, axles and discarded rails.
- Railways supply chain goes digitalWith 100 per cent e-tenders and e-auctions already assimilated into the system, railways is taking these initiatives to achieve seamless fl...
- Railways supply chain to go digitalRailways have a vast supply chain to maintain, sustain and build its huge asset base, to run the system, and to provide transportation serv...
- Parliamentary panel finds irregularities in railways scrap auctionRailways is a major generator of scrap, and scrap disposal is a one of the important functions of the public transporter which generates Rs...
- Railways fetches Rs 3000 crore from scrap e-auctionRailways has made e-auction mandatory for scrap auction as part of the Digital India initiative even as it made over Rs 3,000 crore from su...
- Railway Budget offers a mixed bag for struggling steel industryThe Railways plan to invest Rs 8.5 lakh crore over next five years was a positive for the steel industry, according to SAIL chairman.
- Prime Minister's Office asks Coal Ministry to closely monitor mine auction, allotment"There should be a joint meeting of security agencies, state governments and the Railways to ensure safety in the construction of these lin...
- PMO asks Coal Ministry to closely monitor mine auction, allotmentIt has also asked the ministry to prepare a perspective plan to step up the domestic coal output to meet the growing demand for the fossil ...
- China says regrets Mexico's cancellation of rail dealLi made the comments after meeting Pena Nieto at an APEC summit in Beijing. His remarks were published on the Chinese government's official...
- Railways switch over to e-auction mode for scrap disposalRailways have switched over completely to e-auction system for disposal of scrap eliminating need for physical bidding by purchasers.
- West Delhi: Mayapuri's 'Junk Market' has an annual turnover of around Rs 6,000 croreThe ‘Junk Market’ where around 3,500 units are operational has an annual turnover of around Rs 6,000 crore.
- Railways to launch commercial portalWith plans to launch a commercial portal, Railways will soon be able to conduct all its business transactions online, including those relat...
- Railways to sell scrap by e-auctionScrap is no crap for the Railways. In fact, it is a lucrative trade earning from which is going up year on year for the public sector behem...
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