Aamer Ali Baloch, the CEO of Pakistan Railways, states that the company made Rs66 billion in revenue in the first nine months of the 2023–24 fiscal year.
At the end of the current fiscal year, Baloch predicted that earnings will likely surpass Rs 80 billion. In order to guarantee uninterrupted operation over the Eid holidays, he further disclosed that the PR had stocked 1.5 million liters of diesel and that 100% of the reservations for the special trains had been completed.
“Once the ML1 project is launched, things will get better,” the PR CEO continued.
The Right of Way (ROW) fees for a single-track crossing were dramatically increased by Pakistan Railways in December of last year to Rs3.8 million for five years, which would aid the department in making more money.
According to the state news agency, Pakistan Railways used to charge telecom companies Rs100,000 per rail crossing for ten years when they introduced fiber broadband.
They claimed in 2007 that as the use of fiber internet increased, the fees were raised to Rs2.7 million for a five-year period.
But in order to encourage fiber connectivity, the PTI-led government lowered the crossing fees to Rs600,000 per crossing for life in 2022.
Conversely, they said that cable TV providers still only make an annual payment of Rs100.
