CNTIC and Uzbekistan Temir Yollari sign contract on equipment supply
14/02/2014 13:06
CNTIC and Uzbekistan Temir Yollari sign contract on equipment supply
14/02/2014 13:06
Tashkent, Uzbekistan (UzDaily.com) -- China National Technical Import and Export Corporation (CNTIC) signed a contract with the Uzbekistan Temir Yollari state joint stock company on supply equipment for electrification of railroad “Maraqand-Qarshi” in south of Uzbekistan with total cost of about US$30 million, RIA Novosti reported quoting source.
Within the contract, the Chinese company won a lot on supply of transformer sub-stations and contact system. The contract was signed in the result of tender, announced by Uzbekistan Temir Yollari in April 2013. This is the second contract of NCTIC within the project. In November 2013, the Chinese signed a contract for US$16.7 million to supply of equipment and machines (60 units) for maintenance of electric locomotives in depo and constructed network.
Uzbekistan Temir Yollari started a project on electrification of railroad Maroqand-Qarshi with the length of 140.8 km in January 2012. The project envisages reconstruction of locomotive depot in Karshi to use Tashguzar-Baisun-Kumkurgan railroad. The project will be implemented within four years.
The project cost is US$234.7 million, which is financed due to own resources of Uzbekistan Temir Yollari for US$110.9 million, loan of the Asian Development Bank for US$100 million and the Government of Uzbekistan as customs and tax preferences for US$23.8 million.
Uzbekistan has 4,200 km of railways, of which 1,000 km were electrified. Uzbekistan electrified over 700 km of railways in last seven years. Uzbekistan plans to electrify about 2,000 km of railroads.
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