Starting 2018, Russian Railways will introduce new requirements on locomotive tenders that are going to be launched within the next years, company’s Vice-President Valinsky Oleg announced.
“Russian Railways will change the terms for the purchase of locomotives as we are moving to a new instrument that envisages the supply of locomotives based on a life-cycle contract, which includes the initial delivery, maintenance and repair of locomotives. By this approach, we intend the centralization and fixation of continuous liability for the locomotives under a single contract,” the Vice-President said.
Over the last 10 years, company’s locomotive fleet has been renewed and there are plans to buy new locomotives to meet transport demands.
Currently, RZD owns a freight locomotive fleet of 11,700 diesel and electric units and 3,100 diesel and electric passenger locomotives.
Up to 2020, the company’s annual average procurement is estimated at 450 units, requiring a USD 5 billion investment.
According to the strategy, by 2030 the company will invest USD 53.6 billion (RUB 3.1 trillion) for rolling stock acquisition programme that includes 23,300 locomotives at a cost of USD 17 billion (RUB 986 billion). For rolling stock acquisition, Russian Railways will fund 65.9% of the investment, with private investors providing 27.2%, the Russian Federation 2.4% and administrative areas of the Russian Federation the remaining 4.5%.
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