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SCR, Russian companies to agree on purchase, reconstruction of diesel locomotives

29.04.2009, 18:40
The South Caucasus Railway (SCR), concessionaire of Armenian railways, plans to sign an agreement with the Orenburg-based locomotives reconstruction plant and the North Caucasus Railways (NCR) on procurement and reconstruction of diesel locomotives, the S
YEREVAN, April 28. /ARKA/. The South Caucasus Railway (SCR), concessionaire of Armenian railways, plans to sign an agreement with the Orenburg-based locomotives reconstruction plant and the North Caucasus Railways (NCR) on procurement and reconstruction of diesel locomotives, the SRC press service reports.

The two enterprises are the subsidiaries of the Russian Railways. SCR plans to repair the railroad hubs and five diesel locomotives in the Orenburg-based plant by end-June. Besides, specialists from Orenburg plan to help SCR open a locomotive-repairs plant in Yerevan depot soon.

SCR has agreed with NCR to purchase 10 diesel locomotives by end-May.

On 1 June 2008, SCR, a wholly-owned subsidiary of Russian Railways, received property owned by Armenian Railways under the February 13, 2008 concession agreement the parties concluded for 30 years, with a right of extension for another 20 years after the first 20 years of operation. –0--