KAZAKHSTAN Railways (KTZ) has signed two contracts worth more than $US 900m with GE Transportation for 300 shunting locomotives and an 18-year service agreement to manage maintenance and repair of KTZ’s 175 GE Evolution series passenger locomotives.
ALSTOM has signed an agreement with Kazakhstan Railways (KTZ) to acquire its remaining 25% stake in the EKZ electric locomotive production joint venture. Once approved by the relevant authorities, the deal will increase Alstom’s share in EKZ to 75%.