Swiss rolling stock manufacturer Stadler has awarded a contract to ABB for the delivery of train traction equipment.
Under the $100m contract, 160 of Stadler’s trains, which are operational across the rail network in Europe and the US, will be equipped with the advanced traction technology.
ABB’s traction technology generates permissible frequency and voltage from the electricity drawn from overhead power lines, in order to run the traction motors.
Stadler intends to enhance the operational and energy efficiency of the trains through the deployment of the traction equipment.
Siemens Mobility has reached an agreement with Italy-based rolling stock monitoring systems developer DMA to facilitate the development of technological solutions for the optimisation of rail infrastructure management.
The partnership enables DMA to combine its data management tool TracksNet with the Railigent application suite of Siemens Mobility into the Track Geometry Dashboard, which will enable the intelligent use of rail data.
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The use of Internet of Things (IoT) to manage the rail assets will help optimise the rail asset management.
European Bank for Reconstruction and Development (EBRD) intends to assist the new metro line construction in Izmir, Turkey, by awarding a €80m ($93.4m) loan under its Green Cities programme.
The funds will be used for the extension of the 19km Evka 3-Fahrettin Altay metro by 7.2km.
The new metro line will run across the east-west corridor of Izmir and connect Fahrettin Altay with Narlidere. It will enhance the connectivity between universities, hospitals and other retail areas in the region.
The latest proposal follows a €23.5m ($27.4m) loan granted by EBRD to Izmir to purchase 85 vehicles for its metro system.
EBRD’s Green Cities programme supports development of environment-friendly infrastructure in cities and municipalities.