Financial Archives - Page 199 of 388 - International Railway Journal

Financial

December 14, 2020 | Fleet

ČD orders 19 RegioPanter EMUs

CZECH Railways (ČD) has ordered 19 additional RegioPanter two-car dual-voltage EMUs from a consortium of Škoda Transportation and Škoda Vagonka.

December 14, 2020 | Australia/NZ

Melbourne Metro Tunnel cost rises by $A 2.7bn

THE cost of Melbourne’s 9km Metro Tunnel project has increased by $A 2.7bn ($US 2.04bn) following an agreement reached by the state of Victoria and the contractor following a near year-long stand-off. The total cost of the project, which will add five new stations in the central business district and create a new cross-city line from Sunbury to Cranbourne/Pakenham, is now nearly $A 14bn.

December 11, 2020 | Financial

Bolsonaro vetoes Reais 4bn rescue bill for public transport operators

BRAZILIAN president, Mr Jair Bolsonaro, has vetoed a bill approved by the national congress that would have provided Reais 4bn ($US 794.6m) in relief for public transport operators, saying the bill was unconstitutional and contradictory to the public interest.

December 11, 2020 | Australia/NZ

Rail Projects Victoria selects preferred bidder for Gippsland Line upgrade

RAIL Projects Victoria (RPV), Australia, has selected the VicConnect joint venture of Decmil, UGL and Arup as the preferred bidder for a contract to upgrade the 1600mm-gauge 276km Melbourne - Bairnsdale Gippsland Line.

December 10, 2020 | Financial

First Group agrees termination fees for SWR and Avanti franchises

FIRST Group has announced it has agreed termination fees with Britain’s Department for Transport (DfT) for the South Western Railway (SWR) and Avanti West Coast franchises.

December 10, 2020 | Metros

Bangalore Metro awards GoA 4 contract

BANGALORE Metro has awarded a contract to Siemens Mobility and Siemens India for the implementation of GoA 4 automatic train operation (ATO) on the 18.8km Yellow Line, India’s first driverless metro line.

December 10, 2020 | Fleet

Yevpatoria to receive new LRVs in 2021

URALTRANSMASH (UTM), a subsidiary of Uralvagonzavod (UVZ), has won a contract to supply 27 class 71-411 single-section LRVs to the city of Yevpatoria, Crimea, to be delivered in 2021.

December 10, 2020 | Light Rail

Uppsala awards light rail consultancy contract

THE city of Uppsala, Sweden, has awarded Systra a consultancy contract to support the development of its SKr 5.1bn ($US 602.1m) light rail project, following the project’s approval by the city council on May 25.

December 10, 2020 | Freight

KTZ Cargo reports progress in coronavirus border dispute

KAZAKHSTAN’s state-owned freight operator KTZ Cargo says negotiations to restore cross-border freight with China are progressing following a dispute over coronavirus restrictions.

December 9, 2020 | Infrastructure

Iran - Afghanistan railway ready for traffic

IRAN’s Ministry of Roads and Transport has announced that the first three sections of the Khawf - Herat cross-border line to Afghanistan will open to freight services on December 10.

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