Published By : 05 Nov 2015 | Published By : QYRESEARCH
The Russian Railways company (RZD) is not at all satisfied with the cooperation suggested by Germany Initiative consortium for the construction of Moscow-Kazan (HSR), a high speed railway of Russia. According to Alexander Misharin, the German Initiative had offered a memorandum of cooperation. The equipment supply offer is not satisfactory, said Alexander. The Russian Railway official said that some of the equipment offered were highly priced. Russian Railways were satisfied with the equipment that were offered by the China construction industry. The Chinese counterparts were ready to offer the same set of equipment at reasonable prices, stated Alexander.
While mentioning the CEO and president of Siemens in Central Asia and Russia, vice-president of Siemens AG Dietrich Moeller, TASS said that the German Initiative may join the Russian railway project, as a co-investor with the Chinese investors. The funding that was agreed with China earlier would not be enough throughout the entire project, stated Moeller. The group is considering to co-fund the project in one of its own segments, which is rolling stone supplies, added Moeller. Power supply systems, traffic control, and signaling are other areas in which Siemens will be interested. Sapsan trains of new generation would be offered by the company, which would be produced at JV plant with Sinara.
At present, Siemens is in partnership with Sinara, on a project to build rolling stock for the Russian Railways. The JV plant Ural Locomotives is moving ahead with their plans to build Lastochka EMUs and freight locomotives. The first Moscow-Kazan HSR of Russia is estimated to cost around 1.068 trillion roubles and the route is expected to be 770 km long. Trains running at an average speed of around 400 km/h will cut down the travel time from Moscow to Kazan. The travel time will be cut down from 14 hours to 3.5 hours.