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Airport Railway Link Contracts for ALSTOM in Greece and in Korea. ALSTOM's Share will be €134 Million.
27 August 2002 14:15
These contracts have a combined value of 289 million euros for ALSTOM In Greece, ALSTOM, as a member of a consortium, has won a new order to supply and construct the electrical and mechanical elements of a new suburban line between the city centre of Athens, and the new airport at Spata. The consortium includes Greek companies J&P - AVAX SA, ETETH and GNOMON SA who are responsible for the civil works. The contract, awarded by ERGOSE, subsidiary of the National Greek Railways, has an overall value of 326 million euros, of which ALSTOM's share will be 134 million euros.
ALSTOM will be responsible for the turnkey project management and the design engineering, and will supply the substations, the signaling, the catenary and the track.
An important part of this contract is the supply of a European Rail Traffic Management System - ERTMS* which incorporates ALSTOM’s ATLASTM system for signaling, train control and traffic management. ALSTOM will provide the on-board equipment, the interlockings, the track-side products, the control centre and SCADA. This landmark project is one of the largest orders to date for this proven, next-generation technology, which will greatly improve rail network performance in Greece.
The 30-kilometre link will comprise an existing 10-kilometre section between the city centre and city limits, which will be renovated, and a new line linking the city limits and the airport.
Passenger service will commence on this line in time for the Olympic Games in the summer of 2004.
*ERTMS: European Rail Traffic Management System is the initiative by the European Union to create a unique control/command system for railways to enable interoperability throughout the European rail network. ALSTOM has been involved in the ERTMS project from the start. Today, due to significant testing throughout Europe, ALSTOM has already achieved great success in the demonstration and implementation of ERTMS and has been recently chosen by the Swiss Federal Railways to implement this system.
In Korea, ALSTOM, as a member of the IKFC consortium, has signed a contract with the Incheon International Airport Railroad Co. Ltd, for the project management and supply of equipment for a new airport railway link between Incheon and Seoul. The total order is worth 400 million euros, of which ALSTOM's share is 155 million euros.
The new 60 km line will link Incheon international airport with the centre of Seoul. Both direct and commuter transit services between the airport and the city centre are planned. This will include a connection to the Seoul-Pusan national high speed rail line. Commercial service is scheduled to begin in the end of 2005.
ALSTOM and its Korean based Company, Eukorail, created initially for the Seoul-Pusan high speed train project, will be responsible for the Incheon project management, system engineering and integration, as well as the supply of the signaling equipment. The Korean Company Rotem will also be part of the IKFC consortium and supply the rolling stock.
Michel Moreau, President of ALSTOM's Transport Sector, said: 'These new orders consolidate our position in a growing airport rail link segment of our world market. ALSTOM was a major supplier to the Gatwick Express (London, UK) and Arlanda Express (Stockholm, Sweden) projects.
Furthermore, the contract for Athens represents another step forward in the implementation of new standard European train control systems, domaine in which ALSTOM is market leader. The Incheon contract is equally a great success for us in Korea: our first order for the Seoul to Pusan high speed link is progressing well and the first Korean-made train has just been completed.'
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