Rail

Alstom, Transmashholding sign design, production contract

Posted on July 1, 2010

Alstom and Transmashholding (TMH) signed a contract for the design and manufacturing in Russia of key components for the EP20 electric locomotive.

The contract defines how Alstom and TMH will cooperate in fulfilling the approximately $1.2 billion order for 200 passenger locomotives awarded a month ago by Russian Railways to TMH.

The two companies teamed up in a global partnership, which includes a 25 percent stake from Alstom in the holding company of TMH. The global agreement has already resulted in the creation of a 50/50 joint venture, which will develop EP20 locomotives on the Novotcherkassk site. It is also planned that this joint venture will develop at a further stage metros, regional trains, passenger cars and other rolling stock.

The production of the vehicles will be carried out by TMH with technical support from Alstom on the same site of Novotcherkassk.

View comments or post a comment on this story. (0 Comments)

More News

FRA approves blueprint to connect Boston, New Haven to Montreal via rail

The Initiative proposes to restore service between Boston and New Haven, Conn., through Springfield, Mass. and Hartford, Conn., and add new service between Boston and Montreal.

Transit expert, Mendes, joins HNTB as national transit/rail practice leader

Diana Mendes is responsible for strategic planning and implementation, industry representation, business development, service delivery and client satisfaction.

First Transit Wins First Rail Contract in North America

Company to operate and maintain the Denton County Transportation Authority’s A-train 21-mile commuter rail line.

NY Gov. unveils new subway car design, plan for enhanced stations

The MTA is using design-build contracts to expedite the process and ensure the shortest timeframe for project completion. These vital investments are part of the $27 billion, five-year MTA Capital Program to renew and expand the MTA network.

FRA, TxDOT outline rail options between OKC, South Texas

The DEIS addresses the relationships of the major regional markets within the Texas-Oklahoma Passenger Rail Program corridor in three geographic sections, and preferred alternatives are recommended for each geographic section separately.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close