Russian Railways (RZD) plans to invest RUB 20 billion (USD 332 million) in the renewal of the rolling stock fleet for suburban transport. The announcement was made by Pavel Burtsev, the business director of RZD’s Passenger Division.
“At the moment, Russian Railways decided to allocate RUB 5 billion (USD 83 million) to renew suburban trains in 2018. However, we have another investment programme worth RUB 15 billion (250 million) for the procurement of new electric trains, of the Lastochka range”, added Burtsev.
Thus, in 2018, the financing of these projects will amount to RUB 20 billion (USD 332 million), more than the annual average of the financing demand for the renewal of the rolling stock fleet which stands at RUB 14.3 billion (USD 238 million).
Lastochka electric multiple units are manufactured by Siemens in partnership with Ural Locomotives and have been developed for Russia based on the platform of Desiro trains. They could run at speeds of 160 km/h and are used for rapid suburban and intercity transport.
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