Tag Archives | rail

€3bn Siemens Credit Line on the way

By John Lee. Germany’s Siemens is reported to be preparing to provide 3 billion euros in financing for rail and power projects in Iran. Deputy Minister of Road and Urban Development for International Affairs, Asghar Fakhriyeh-Kashan, said on Tuesday: “Through financing a number of construction projects, Siemens plans to enter into a joint venture with […]

Russia to Invest $3bn in Iran’s Railroad Industry

The Industrial Development & Renovation Organization of Iran (IDRO) and Russia’s Transmashholding have signed a contract to manufacture railway wagons. The contract was sealed Monday with the attendance of Minister of Industries, Mines and Trade Mohammad Reza Nematzadeh and Deputy Foreign Minister for Legal and International Affairs Abbas Araqchi. Based on the agreement, the two […]

Iran, Azerbaijan to Transport Goods via North-South Corridor Soon

Iran and Azerbaijan are expected to start transporting goods and cargos through the International North-South Transport Corridor (NSTC), a multi-model route to link India and the Middle East to the Caucasus, Central Asia and Europe, a report said. The two countries’ railways will be connected within the same North-South Corridor through Qazvin-Rasht-Astara route, to increase […]

Iran plans High-Speed Rail Links

By John Lee. Iran Railways says it has signed a preliminary agreement with the Italian state-owned Ferrovie dello Stato (FS) to build two high-speed links in Iran. The lines will run between Qom and Arak, and between Tehran and Isfahan. According to the report from Associated Press, Iran signed an $8 million deal with French company […]

Russia Ready to Electrify Tehran-Tabriz Railway

Russian Railways is ready to help electrify Tehran-Tabriz railway to connect the Iranian capital to the northwestern city, First Vice President of the Russian Railways Operator Alexander Misharin said. This issue was discussed today with the President of the Islamic Republic of Iran Railways (RAI) Saeed Mohammadzadeh, Misharin added, the Tass news agency reported on […]

Iran Plans to Lease New Train Cars from Europe

Iran’s state-run railway company is in talks with a number of European companies to lease brand-new train cars, an official said. The Islamic Republic of Iran Railways, known as RAJA at home, is proceeding with business negotiations with a number of European companies on leasing train cars, which are mostly new and are expected to […]

Hamedan-Tehran Railway Starts Operation

President Rouhani ordered Hamedan-Tehran railway to start operation, a 276km project that has been completed with $258m credit. At the opening ceremony that was held on Monday morning, Dr Rouhani travelled a distance by the train and officially opened the railway. The President entered Hamedan province last night and was welcomed by the Governor General […]

RZD International signs €1.2bn Iran Electrification Deal

RZD International and Islamic Republic of Iran Railways signed the contract for the Garmsar–Inche Bouroun Railway Line Electrification. In the framework of the visit of the President of the Islamic Republic of Iran Hassan Rouhani  to Moscow “RZD International” LLC and JSC “Islamic Republic of Iran Railways” signed the Contract for electrification of the Garmsar – […]

Iran, Russia Finalize Deal on Production of Railroad Cars

The Industrial Development and Renovation Organization of Iran (IDRO) and Transmashholding, Russia’s largest company on the railway machine-building market, finalized a memorandum of understanding (MoU) to boost cooperation in production of railroad cars. The cooperation agreement was finalized during the talks in Moscow between an Iranian delegation headed by Deputy Minister of Industry, Mines, and […]

Chinese firms help to update Tehran Metro

By John Lee. According to Tehran Times, the Chinese military-affiliated Norinco International won a 93 million euro ($100 million) contract to manufacture 70 subway cars for the Tehran Metro. The cars will be sold to Tehran Wagon Manufacturing Co., a joint venture formed between Norinco, with a 29% stake, together with Tehran’s official subway operator, […]

India Seeking Rail Link with Iran, Turkey

Indian Railways is considering the possibility of building a transcontinental rail freight service that would connect India with Iran and Turkey, a report said. The ambitious plan is expected to be a real boon to the Asia Pacific region’s people and business, India’s Business Today website reported. It is expected to bring about a major boost […]

Railroad Connecting Iran, Azerbaijan Comes into Operation

A railroad connecting Iran’s northern city of Astara to its namesake in the Azerbaijan Republic was tested and put into operation temporarily. The railroad, which is part of the Rasht-Astara railroad project, became operational concurrent with an official visit of Azeri President Ilham Aliyev to Iran on Sunday. Heading a high-ranking delegation, Aliyev arrived in […]

Iran-Azerbaijan Railroad to Open in Coming Months

Iran’s Minister of Communications and Information Technology Mahmoud Vaezi announced that a railroad connecting Iran’s northern city of Astara to Azerbaijan Republic’s Astara is planned to come into operation in coming months. Various efforts have been made in the current Iranian administration to facilitate and improve the activities of the two countries’ merchants, Vaezi said […]

Iran, Kyrgyzstan to Reduce Rail Transport Tariffs

By John Lee. Iran and Kyrgyzstan have reportedly signed a memorandum of understanding (MOU) on reducing rail transport tariffs between the two countries. The document was signed on Tuesday by Ebrahim Mohammadi, the deputy director of Islamic Republic of Iran Railways (IRIR), and Arman Sultanov, the deputy president of Kyrgyz Railway (KTJ). In December, the two […]

Iran’s Roads Minister Wins Vote of Confidence

Iranian lawmakers on Sunday gave a vote of confidence to Minister of Roads and Urban Development Abbas Akhoundi, who had been impeached for a tragic train crash that killed dozens of people in November 2016. Akhoundi took the podium at the parliament on Sunday to respond to the questions of the MPs attending the impeachment […]

Tags: ,

Nakhchivan-Mashhad Direct Passenger Train Service Launched

A direct passenger train service has been launched between Iran’s northeastern city of Mashhad and Azerbaijan’s landlocked region of Nakhchivan. The service was launched in a ceremony attended by the heads of the joint economic commissions of Iran and Azerbaijan. Mahmoud Vaezi, Iran’s minister of communication and information technology, who is also the co-chairman of […]

Iraq to link Rail Network with Iran

By John Lee. Iraq‘s state-run Iraqi Republic Railways (IRR) announced on Tuesday that it plans to link its rail network to that of neighbouring Iran. IRR Information Director Abdul Sattar Mohsen told Anadolu Agency that Iraqi and Iranian officials had already held several meetings to discuss the project. He added that several international companies had […]

Tags: , ,

Iran, Russia sign $2.5bn Construction, Energy Deals

By John Lee. Trade Arabia reports that Russia and Iran have signed a $2.5-billion deal on construction of a thermal power plant in southern Iran and electrification of a railway line. The power station is to be built in Bandar Abbas, while the railway line connects the towns of Garmsar and Incheborun. The countries also […]

Railroad Chief Resigns over Fatal Train Crash

Managing Director of the Islamic Republic of Iran Railways Mohsen Pourseyyed Aqaei resigned after a train crash that killed 45 people in the province of Semnan on Friday, offering an apology to the nation for the deadly incident. Speaking to IRIB news on Saturday night, Pourseyyed Aqaei said the Minister of Road and Urban Development […]

Iran, Germany to build 2000 Rail Cars

By John Lee. The Industrial Development & Renovation Organization of Iran (IDRO) plans to build 2,000 railway wagons jointly with a German company, according to AzerNews. IRNA News quotes IDRO executive Fardad Daliri as saying that Iran’s investment in the construction of the wagons will amount to 55 percent and they will be used in […]