Posts tagged as railway electrification

Lithuanian Transport Minister refuses to sign a railway electrification contract

Thursday, December 5, 2019

Lithuanian Transport Minister Jaroslav Narkevič refuses to sign a major railway electrification contract, after initiating an audit earlier in October into the winning 363-million-euro bid by a Spanish-led consortium. “It is obvious to everyone that the minister cannot sign that decision,” leader of the Narkevič’s Polish-minority party, Valdemar Tomaševski, told reporters on Wednesday. The planned 363-million-euro contract between state-owned Lietuvos Geležinkeliai (Lithuanian Railways) and a consortium led by Spain’s Elecnor…

BATL: railway electrification’s real price will be at least EUR 230 million larger

Friday, September 14, 2018

«Transport Ministry and the prime minister keep the actual price of railway electrification project from residents – the total price of the first stage of the project will be at least EUR 230 million larger and will exceed EUR 670 million,» notes Baltic Association – Transport and Logistics. With that, opposite to what state officials say, carriers expect railway freight prices to go up considerably, which will reduce Latvian transit…