March 25 (SeeNews) - French multinational rolling stock manufacturer Alstom said on Friday it has signed a contract with the Romanian Railway Reform Authority, ARF, for the delivery of 20 Coradia Stream inter-regional trains and associated 15-year maintenance services for 270 million euro ($297 million).
The contract can be extended with the option for another 20 trains, which would take the total estimated value of the project, including extended maintenance on the entire fleet, to over 750 million euro, Alstom said in a press release.
Developed for the European market, Coradia Stream trains can reach a maximum speed of 160 km per h. Each train has six cars, a total capacity of 350 seats and large-size luggage racks.They will be the first passenger trains provided by Alstom for operation in Romania.
"This contract completes the very diverse portfolio of Alstom solutions in this country, covering all our key business lines, from signalling and infrastructure projects to metro trains and complex maintenance capabilities," it added.
Alstom has been active in Romania for almost 30 years and is responsible for implementing signalling or electrification solutions on more than 75% of the northern branch of the Rhine-Danube railway corridor in the country.
In January, Alstom was awarded a 500 million euro contract by Bucharest underground system operator Metrorex to provide full maintenance services for the Bucharest metro fleet until 2036.
In December 2020, Alstom signed a 100 million euro contract for 13 metro trains, with the option of another 17.
Alstom has been providing maintenance services for the Metrorex rolling stock since 2004, overhauling both the new and the old fleets.
ARF was established in 2016 as an investment agency under the transport ministry.
($=0.9085 euro)