PKP Intercity to invest EUR 425 million for rolling stock modernization

PKP IntercityPKP Intercity will invest PLN 1.8 billion (EUR 425 million) in rolling stock, of which, PLN 1.4 billion (EUR 330 million) will be used for the modernization of 60 locomotives and 400 coaches, and PLN 400 million (EUR 94.5 million) will be invested in nine new technical facilities, The Warsaw Business Journal reports.
PKP Intercity already started a new modernization, repairs and acquisition project of PLN 5.5 bln (EUR 1.35 bln).
The operator signed agreements one of them concerns the acquisition of 20 Dart EMU from the Polish manufacturer Pesa Bydgoszcz, amounts to PLN 1.32 bln (EUR 323.3 mil), and provides also for the supply of maintenance services for a 15-year term. Out of the total value of the investment, 70% is covered under the Cohesion Fund, the Operational Programme Infrastructure and Environment, the balance being supported from PKP Intercity’s own resources.
Another agreement involves the delivery of 10 diesel locomotives by Pesa, and amounts to PLN 131.2 mil (EUR 32 mil). The vehicles are due to become operational as of November 2015.
In 2015, PKP Intercity received from Stadler (a consortium formed of Stadler Polska Sp. z o. o. and Newag) electric railcars which would operate on the lines between Warsaw, Szczecin, Gdynia, Olsztyn, Katowice and Krakow. The agreement was signed in late 2013 and covered the delivery of 20 such units, including 15 years of maintenance. The value of the agreement is PLN 1.156 bln (more than EUR 283 mil) and PLN 645 mil (EUR 114) for maintenance services.
For another agreement with 70% co-financing from the EU, PKP Intercity signed the modernization agreement of PLN 76.5 mil (EUR 18.7 mil) with Newag. Once the agreement for the modernization of 20 SM42 diesel locomotives was signed, PKP Intercity entered into service the very first modernized locomotive in 2014.
By the end of 2015, PKP Intercity intends to have 70% of its vehicle fleet either new, or modernized.


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