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Rail News: High-Speed Rail
7/16/2010
Rail News: High-Speed Rail
Chinese Ministry of Railways order 40 more CRH1 trainsets from Bombardier JV
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A Bombardier Transportation joint venture has received an order for 40 additional CRH1 high-speed trainsets from the Chinese Ministry of Railways (MOR) valued at about $761 million.
Bombardier’s contract share is $373 million.
Per the contract, Bombardier Sifang Transportation Ltd. (BST) — which comprises Bombardier and CSR Sifang Rolling Stock Co. Ltd. — will produce 40 eight-car trainsets with the capacity to carry 604 passengers and operate at a speed of up to 250 kilometers per hour. Deliveries will begin in September and be completed by May 2011.
So far, MOR has ordered 1,280 CRH1 cars from Bombardier Sifang.
Bombardier’s contract share is $373 million.
Per the contract, Bombardier Sifang Transportation Ltd. (BST) — which comprises Bombardier and CSR Sifang Rolling Stock Co. Ltd. — will produce 40 eight-car trainsets with the capacity to carry 604 passengers and operate at a speed of up to 250 kilometers per hour. Deliveries will begin in September and be completed by May 2011.
So far, MOR has ordered 1,280 CRH1 cars from Bombardier Sifang.
