Tag Archives | Gorgan

Russian Bank to Finance €1bn Rail Electrification

A Russian bank has reportedly agreed to provide 1 billion euros to electrify the 500-km rail line between the cities of Garmsar and Gorgan. Yusef Gheranpasha, of Islamic Republic of Iran Railways, said the project will be completed within three years; he did not name the bank. It covers design, sourcing of materials and equipment and […]