Tag Archives | rail

Iran offers Russia €3bn Rail Electrification Projects

By John Lee. Iran has reportedly proposed rail electrification projects worth 3 billion euros to Russia. Alexander Misharin (pictured), Russian Railways First Vice-President, has said the projects include electrifying 3,000 kilometers of rail lines. He told Russia’s Sputnik news agency: “Three-thousand kilometers, a big project. We agreed to sit down at the negotiating table and […]

Sinomach signs $836m Railway Project with Iran

China National Machinery Industry Corporation (Sinomach) has signed a cooperation agreement with Iran to build a railway expansion project in the country. Costing 5.35 billion yuan ($836.87 million), the railway line connects Tehran, Hamadan and Sanandaj, with a total length of 470 kilometers. According to the agreement, Sinomach Heavy Industry is responsible for the design, […]

Kermanshah connected to National Rail Network

The president opened the 110-kilometer long Firouzan-Kermanshah railway on Tuesday, hours before the turn of the new year. Dr Hassan Rouhani appeared in Kermanshah Railway Station and opened the Firouzan-Kermanshah railway project, ordering the first passenger train to leave Kermanshah for the holy city of Mashhad. When opening the project, the president said: “I open […]

Swiss Firm Denies Major Infrastructure Deal with Iran

Switzerland’s Stadler Rail denied reports that it signed a $1.4 billion infrastructure contract with Iran for 960 wagons for an underground railway system. In a statement on Friday, Stadler Rail said there was no deal or decision between Tehran and Bern but merely a public tender, Swissinfo website reported. This is while the Swiss embassy […]

Iran, India Sign Major Rail Deal

Iran and India have signed a deal worth 2 billion US dollars for cooperation in the rail sector, a report said. The agreement was inked Friday in India’s capital New Delhi in the presence of Abbas Akhoundi, Iran’s minister of roads and urban development, and his Indian counterpart Nitin Gadkari, the report said, according to […]

Iran, India to Finalize Railroad Project Deal

During a planned visit to New Delhi, Iran’s Minister of Roads and Urban Development and his Indian counterpart are expected to make the final decision about details of a deal on financing a railroad linking the Iranian southeastern cities of Zahedan and Chabahar, an official said. In a meeting with India’s ambassador to Tehran, Iranian […]

Iran, South Korea in €720m Rail Deal

Iran Rail Industries Development Company (IRICO) and South Korea’s Hyundai Rotem have signed a contract to jointly manufacture diesel rail-cars for public transport in suburban Tehran. The €720-million contract was signed during a ceremony in the Iranian capital, Tehran, attended by Iran’s Minister of Roads and Urban Development Abbas Akhoundi. Hyundai Rotem will produce 150 cars […]

Iran Resolved to Establish Railroad Link with Iraq

The Iranian president’s chief of staff voiced the administration’s determination to construct a railroad linking Iran to the Iraqi city of Basra, saying the project would give a major boost to the transportation industry in the region. Speaking to reporters in the southwestern city of Khorramshahr on Friday, Mahmoud Vaezi said various related bodies, including […]

€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 […]