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UPDATE 1-S.Africa’s Transnet awards contract to CSR Zhuzhou

22 October 2012 By admin

(Adds details)

JOHANNESBURG Oct 22 (Reuters) – South African state rail
freight group Transnet said on Monday it had awarded a
contract for 95 electric locomotives to a group led by China’s
CSR Zhuzhou Electric.

The trains will be used in Transnet’s general freight
business, with the first batch to be delivered by December 2013,
Transnet said in a statement.

The group said it would also seek to procure 1,064
locomotives in the next quarter at a cost of R35 billion, which
it said was unprecedented in South Africa’s history.

“The procurement will lay a platform for a 7-year strategic
partnership between Transnet and their suppliers in the
locomotive cluster,” the group said.

(Reporting by Tosin Sulaiman; Editing by David Dolan)

© Thomson Reuters 2012 All rights reserved





Previous: Kumba says ramping up S.Africa Sishen mine
Next: UPDATE 2-Eskom seeks to double SAfrican power prices by 2017





Filed Under: South Africa Tagged With: news, reuters, south africa

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