On August 17 five state-owned Chinese transport, steel and construction companies signed an A$750m investment agreement with Yilgarn Infrastructure Ltd, an unlisted Australian company established to develop the A$3bn Oakajee Port & Rail Project. Work on the common-user route serving iron ore mines in Western Australia could begin in late 2008 for completion in 2011.
IAFE President José Vicente Rodríguez has confirmed that engineering studies are underway for a 50 km railway from the port of La Guaira to La Rinconada on the southern side of the Venezuelan capital Caracas, running via Maiquetía airport. The mixed-traffic route would run mainly in twin bored tunnels and is expected to take five years to complete.
Changes to the wagon design to better resist high winds have caused the launch of Lorry-Rail rolling motorway services between Perpignan and Luxembourg (RG 11.06 p724) to be delayed by two months until September 10, according to Modalohr President Philippe Mangeard.
Sacramento Regional Transit has obtained a $400 000 grant from the California Energy Commission and the Municipal Utility District to fund trials of a Siemens regenerative braking system. Large capacitors at substations on the Folsom light rail line will recapture up to 40% of vehicle braking energy, and officials predict an 8% reduction in overall energy use with a 7% drop in peak demand.
Construction of the long-discussed 105 km rail link between Kars in Turkey and Akhalkalaki in Georgia and upgrading of the existing line onwards to Tbilisi and Baku will begin with a ceremony in Tbilisi on September 20, Azerbaijan's Ministry of Transport & Communications announced last month. The US$422m project allowing trains from Azerbaijan to reach Turkey without passing through Armenia was agreed by the three participating countries in January, with completion planned for 2010.
UK: ‘We in the rail sector must be objective and honest about what we are good at’, Network Rail Chief Executive Andrew Haines told a conference in Birmingham on October 3, as he reflected on how the industry can plot its way through the uncertainty of the post-Covid period.
EUROPE: Senior figures from across the UK rail sector came together at the Rail Partners with Ukraine event to hear how national railway Ukrzaliznytsia is keeping trains running under wartime conditions, and to raise money to fund food parcels for Ukrainian railway workers and their families. ...
INDIA: Publishing its final results for the 2022-23 financial year, Indian Railways has reported a 27·75% increase in revenue for the 12 months to March 31. Reflecting economic buoyancy in the face of global headwinds, the national railway reported revenues of Rs2·44tr for the year. This ...