PRZOOM - /newswire/ -
Levallois-Perret Cedex, Hauts-de-Seine, France, 2014/05/12 - Alstom has been awarded a contract to supply 50 KZ8A freight locomotives to Azerbaijan Railways (ADDY) which will be assembled in Alstomís JV EKZ between 2016 and 2018 - Alstom.com. FR0010220475; ALO
The total amount of the contract is Ä300 million. Alstomís share amounts to around Ä150 million. The contract was signed in the Azerbaijani capital of Baku in the presence of the French President Francois Hollande and the President of Azerbaijan, Ilham Aliyev. The contract may also include the construction of a depot, technical assistance and maintenance, as well as training for ADDY staff. These are subject to negotiation within the next six months.
KZ8A locomotives rank among the most powerful locomotives in the world (8,800 kW) with asynchronous traction, able to run at 120 km/h and to haul up to 9,000 tons. The KZ8A electric locomotives for this contract will be assembled in Alstomís JV manufacturing site in Astana, Kazakhstan.
ďAzerbaijan is a strategic transit point between Europe and Central Asia. The modern KZ8A freight locomotives will help increasing its carrying capacity in transportation of raw materials and goods,Ē said Thibault Desteract, SVP Alstom Transport Russia and CIS.
The total length of Azerbaijanís rail network is 2,932 km, of which 1,278 km is electrified (3 kV). In 2006 Azerbaijan railways launched a long-term program for the renovation and modernization of its railways, including its traction fleet, reconstruction of infrastructure, and a gradual switch from DC to AC. According to the latest forecasts, the volume of the railway traffic in the country should almost double by 2017 from current figures.
Alstom (alstom.com) also signed on 12 May a Memorandum of Mutual Cooperation with Baku Metropoliten with a view to develop modern metro cars for both the new lines and the gradual replacement of the existing fleet of Baku metro. Both parties have agreed to sign a final agreement in the coming two months.
T: +33(0)1 41 49 39 95 - E: claire.biau[.]alstom.com.
T: +33 1 57 06 91 48 - E: cecile.dodat[.]transport.alstom.com.
T: : +7 916 937 48 25 - E: yulia.tikhonova[.]crn.alstom.com.
Investors relations: Delphine Brault / Anouch Mkhitarian
Tel +33(0)1 41 49 26 42/25 13
E: delphine.brault[.]chq.alstom.com / anouch.mkhitarian[.]chq.alstom.com.