PRCL registers 30 per cent growth

Pipavav Railway Corporation Ltd (PRCL), a joint sector company of the Ministry of Railways and Gujarat Pipavav Port Ltd (GPPL) has earned traffic revenue of approximately Rs 232 crore during fiscal 2013-14, registering a growth of 30 per cent compared to corresponding period of previous year and a net profit of Rs 80.78 crore. This has also improved the net worth of the company from Rs 202 crore to Rs 272 crore. PRCL has constructed 270 kilometers broad gauge rail network line from APM Terminals, Pipavav to Surendranagar in Gujarat and operates and maintains it and has licence to run container trains.