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September 14, 2018updated 17 Sep 2018 10:56am

Deals this week: Sri Lanka Railways, Alstom, Jacobs Engineering Group

Sri Lanka Railways has awarded a contract to Indian state-owned engineering consultancy company RITES for the supply of 160 passenger coaches. 

Sri Lanka Railways has awarded a contract to Indian state-owned engineering consultancy company RITES for the supply of 160 passenger coaches.

The contract signed under the concessional financing arrangement is valued at $82.64m.

Coaches will be delivered as part of a $318m line of credit (LoC) agreement signed between the Government of Sri Lanka and the EXIM Bank of India.

The new coaches will be tailored to meet the transport requirements of the Sri Lanka Railways.

India will also supply ten locomotives, 30 fuel tank wagons, six DMUs, and 20 container carrier wagons.

Alstom has secured a €40m ($46.3m) contract from Syndicat des Transports de l’Agglomération Lyonnaise (Sytral), a public transport operator based in Lyon, for the delivery of 11 Citadis trams.

The contract also includes options for additional orders.

Sytral intends to increase its T4 tram line capacity through the new trams, which are expected to be delivered starting late-2019.

“India will also supply ten locomotives, 30 fuel tank wagons, six DMUs, and 20 container carrier wagons.”

The joint venture (JV) of Jacobs Engineering Group and GHD has been preferred by the Australian Rail Track (ARTC) to carry out the feasibility study and environmental impact assessment on a new greenfield track.

The 300km greenfield track is being developed under the Inland Rail programme in New South Wales (NSW).

The contract includes engineering design and environmental studies.

The feasibility study will be used for the identification of preferred route for the proposed rail corridor.

UK-based Network Rail has signed an agreement with Telereal Trillium and Blackstone Property Partners to offload a major portion of its commercial estate portfolio for £1.46bn ($1.9bn).

The sale enables Network Rail to perform major improvements on the rail network across the UK.

Both Telereal and Blackstone will hold equal ownership in the portfolio, upon completion of the acquisition.

Tellereal will be responsible for the day-to-day property management of the commercial estate.

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