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.
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President Ilham Aliyev welcomed Uzbekistan’s Minister of Investment, Industry and Trade, Laziz Kudratov, in Baku, as the two countries look to deepen their strategic economic partnership.
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Start your day informed with AnewZ Morning Brief: here are the top news stories for June 20th, covering the latest developments you need to know.
A deadly overnight Russian drone assault on Ukraine’s Black Sea port city of Odesa left one person dead and at least 14 injured, striking residential buildings and key rail infrastructure, according to local authorities.
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