Railway Accounts Department Examinations

Showing posts with label FBD. Show all posts
Showing posts with label FBD. Show all posts

Sunday, May 7, 2023

RGP - Rail Green Points

  

RGP - Rail Green Points 

 


Salient features of RGP 

 

  • RGP stands for Rail Green Points 


  • e-RD stands for Electronic Registration of Demand (in FOIS) 

 

  • FOIS stands for Freight Operations Information System 

 

  • RGP indicates saving of Carbon emission while Transportation by Rail instead of Road transportation. 

 

  • Applicable for Freight Customers registered on the e-RD portal of FOIS  

 

  •   RGP will be reckoned Financial year basis 

 

  • RGP reflected on the Freight user's account in the FBD portal in FOIS


  • FBD stands for Freight Business Development  

 

  • RGP module in FOIS portal - Developed by CRIS 

 

Disclaimer:  

 

  • No link between RGP and Carbon Credits 

 

  • What is Carbon Credit (CER - Certified Emission Reduction)?  

 

  • Carbon Credits / CER units  - Issued by UNFCCC measured in tonnes of CO2 equivalent.  

 

  • UNFCCC stands for United Nations Framework Convention on Climate Change. 


  • Anyone can purchase Carbon Credits to compensate for emissions to support their Projects.  


  • RGP - The Customer is not entitled to any claim or compensation or benefit at present or in the future.   


  • FGF - Feel Good Factor: Motivate the Freight Customers to transport more by the Rail instead of Road.  Corporate customers may like to mention RGP in their Annual Reports. 

TERI: 

  • TERI stands for The Energy & Resource Institute - one of the World’s pre-eminent think tanks and research institutes in the field of energy, climate change, and sustainability.  

 

  • Hqrs: New Delhi 

 

  • The basis for RGP calculation:    TERI developed a calculator for the estimation of GHG ( Green House Gas) emission in tonnes of CO2 for Road and Rail based on Tonne-KM.  


  • Emission factor per Tonne-KM - Rail mode 0.009 CO2 (Kgs)  and Road mode 0.040 CO2 (Kgs).  That means Rail transportation is 4 times more energy efficient compared to Road Transportation

 

Distribution of RGP for an RR (Rail Receipt) 


Type

RGP Distribution / Credited to

If Consignor and Consignee are the same

Consignor

If Consignor and Consignee are not the same

Equally distributed between Consignor & Consignee

If Consignor and Consignee are not the same and only one of them is registered in the FBD portal

Registered customer

In the case of Physical RR (Railway Receipt)

Consignor


 

Freight Business Development portal 


 

  • Launched on 5th January 2021 

 

  •  One stop - Single Window” Solution for all freight customers. 

 

  • Game changer

Salient features of FBD:

  1.    Dedicated Freight portal

2.   Online tracking facility for suppliers

3.   Ensure all operations stay customer-centric

4.   Simplify the process of Goods Transportation

5.   Embraced a “Freight on Priority”

6.    Attracting new customers with the help of BDUs – Business Development Units ( established at the Zonal and Division level)



Key points for MCQ  


  1. RGP - Applicable for Freight customers registered on the e-RD portal of FOIS 

  2. RGP - Recknoned Financial Year basis. 

  3.  No link between RGP and Carbon Credits 

  4. Carbon Credit means CER units (Certified Emission Reduction) 

  5. CER units issued by UNFCCC  

  6.  TERI Headquarters - New Delhi 

  7. RGP basis - Calculator for the estimation of GHG -Developed by TERI  

  8.  CO2 is a Chemical Compound consisting of 1 Carbon atom and 2 Oxygen atoms.  

  9. Abbreviations / Acronyms in connection with RGP are as follows: 


SN

Abbreviation / Acronym

Stands for 

1

RGP

Rail Green Points   

2

e-RD

Electronic Registration of Demand 

3

FOIS

Freight Operations Information System 

4

FBD

Freight Business Development (portal)  

5

BDU

Business Development Units (Zonal Railways & Divisions) 

6

CER

Certified Emission Reduction (Carbon Credits units)  

7

UNFCCC

United Nations Framework Convention on Climate Change.  

8

FGF

Feel Good Factor 

9

TERI

The Energy & Resource Institute  

10

GHG

Green House Gas (emissions)

11

CO2

Carbon Dioxide  

12

E-TRR

Electronic Transmission of Railway Receipt 

13

RR

Railway Receipt