Azerbaijan Railways (ADY) will buy seven new locomotives and spare parts from Chinese company "CRRC Ziyang Co., Ltd”. under a $26 million agreement.
"All technical and commercial issues related to the purchase of the locomotives and spare parts have been agreed upon. The total value of the agreement is 26 million US dollars," - ADY said in its press-release.
Featuring advanced technologies and innovative traction systems, the modern AC50-type mainline diesel locomotive is distinguished by its high traction power, increased fuel capacity, and exceptional reliability.
The AC50 model complies with Level IIIA environmental standards set by the International Union of Railways (UIC), enabling its operation in areas with specific emission requirements.
The locomotives will support the growing demand for freight transportation, particularly along the North-South International Transport Corridor and other key routes.
In the next phase, Azerbaijan Railways plans to buy 14 mainline locomotives additionally.
"In response to the continued growth of transit freight across international corridors passing through Azerbaijan, ADY is intensifying its efforts to modernize and expand its locomotive fleet to ensure the safe and efficient movement of cargo" - the release reads.
China has connected the world’s largest offshore solar power project to its national grid, marking a significant step in the country’s push to exp...
The U.S. on Saturday welcomed the ceasefire between Cambodia and Thailand, which ended weeks of deadly border clashes, and called on both countries to...
In south-eastern Türkiye, where strawberries were once dismissed as impossible to grow, one farmer has proved otherwise....
Japan’s tourism sector has experienced a slowdown after China’s government advised its citizens to reconsider travel to Japan, following remarks b...
Italian authorities have arrested nine people on suspicion of financing Hamas through Italy based charities, prosecutors said on Saturday, in an opera...
China has connected the world’s largest offshore solar power project to its national grid, marking a significant step in the country’s push to expand renewable energy generation.
Japan’s tourism sector has experienced a slowdown after China’s government advised its citizens to reconsider travel to Japan, following remarks by Prime Minister Sanae Takaichi regarding Taiwan.
Japan's cabinet has approved a record-high $785 billion budget for the next fiscal year - including the largest allocation for defence spending ever.
The 2025 Shanghai Cooperation Organisation (SCO) Summit, held in Tianjin, China, has been hailed as one of the most significant gatherings in the bloc’s history.
New York placed the state under emergency measures on Friday as a powerful winter storm brought the heaviest snowfall since 2022, disrupting travel across the north-east of the United States.
A strong earthquake with a magnitude of 6.6 struck the waters off Yilan County, Taiwan, late on Saturday, the China Earthquake Networks Center (CENC) reported.
President Volodymyr Zelenskyy arrived in the United States ahead of talks with President Donald Trump aimed at ending the war, as Russia launched hundreds of drones and dozens of missiles at Kyiv and other parts of Ukraine overnight on Saturday, killing at least two people and injuring more than 40.
Iran is engaged in a “comprehensive war” with the United States, Israel, and Europe, Iranian President Masoud Pezeshkian stated on Saturday.
Israel became the first country to formally recognise Somaliland as an independent state on Friday, drawing strong condemnation from Somalia and regional and international organisations.
China has given the nod for car makers to sell Level 3 self-driving vehicles from as early as next year after it approved two electric sedans from Changan Auto and BAIC Motors.
Warner Bros Discovery’s board rejected Paramount Skydance’s $108.4 billion hostile bid on Wednesday (17 December), citing insufficient financing guarantees.
Ford Motor Company said on Monday it will take a $19.5 billion writedown and scrap several electric vehicle (EV) models, marking a major retreat from its battery-powered ambitions amid declining EV demand and changes under the Trump administration.
Iran has rolled out changes to how fuel is priced at the pump. The move is aimed at managing demand without triggering public anger.
U.S. stock markets closed lower at the end of the week, as investors continued to rotate out of technology shares, putting pressure on major indices.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment