Rail Forum Deal Volume Down From Last Year
- By Alexander Panin
- May. 31 2013 00:00
- Last edited 20:36
Russian Railways has both AC and DC electrical supply systems. In May 2010, a joint venture of Siemens and Sinara received an order from the rail monopoly to supply 221 2ES10-type direct current locomotives.
Alstom and its Russian partner Transmashholding are to supply Russian Railways with 200 2ES5-type alternating current locomotives by the end of the year.
The newly signed agreement envisages research on a freight locomotive which could run on both AC and DC power.
"Our EP20 passenger locomotive [used to haul trains on lines going from Moscow to Voronezh, Sochi and Nizhny Novgorod ] is already dual-current. Now, we have to adapt it for freight," said Henri Poupart-Lafarge, the president of Alstom Transport. The locomotive will be fully developed and then manufactured in Russia, he added.
The timeframe for completing the research and the cost of the vehicle were not disclosed.
Three more key documents were officially signed at the rail forum on Thursday, one of them being an agreement between Russian Railways and Siemens for cooperation to supply electronic control systems for the Luzhskaya rail hub, which services the Ust-Luga port in the Leningrad region.
Three more agreements are to be signed on Friday. One of them is a memorandum on a contract between Sberbank Leasing and UVZ-Logistics, a subsidiary of Uralvagonzavod and one of the biggest freight carriers in Russia, which has been making efforts recently to renew its rolling stock.
The total value of already signed agreements is estimated at around 10 billion rubles ($314 million), Russian Railways chief Vladimir Yakunin said. Fourteen separate agreements worth a total of 120 billion rubles were signed at the 1520 Forum held in Sochi last year, which is named in honor of the width of Russia's rail track gauge.