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

WMATA proposal would refund passengers for delayed trains, buses

According to GM Paul Wiedefeld, the program is an expression of the confidence the agency has in its ability to meet performance targets and provide reliable rush-hour service.

HDR lands Sound Transit light rail extension contract

Sound Transit’s board of directors authorized a contract with HDR’s team to provide planning, preliminary engineering, environmental, and public involvement services for the Tacoma Dome Link Extension project.

KC Streetcar extension gets Fed green light to enter project development phase

The KC Streetcar Main Street Extension project will build upon the downtown streetcar service and will support work required to further develop and advance the southern extension towards the University of Missouri, Kansas City.

Metra seeking RFPs for up to 42 new, remanufactured locomotives

Is asking for proposals for both new and remanufactured engines because it wants to weigh the costs/benefits of both options.

Las Vegas monorail ticket sales expected to fall millions short

The system is budgeted to make about $6.5 million less in ticket sales than was forecast in ridership study.

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