‘SCR’ CJSC RESTORES 450 M OF WAY
ArmInfo
2009-04-03 12:30:00
ArmInfo. On April 2, "South Caucasus Railway" CJSC completed
restoration of 450 m of way on Arteni-Aragats section.
"Arteni-Aragats section has not been repaired for over 20 years,
and its technical state is estimated as unsatisfactory", Head of the
Way Service of ‘SCR’ CJSC Ashot Unusyan said. Moreover, he said,
repair of the 6th way of Masis station is carried out in parallel
with these works. "On Monday, we schedule to start the lifting repair
on Spitak-Arshut section with about 1 km of length. In general, the
plan of the lifting repair for 2009 includes 60 km. We shall start
the restoration work on Spandaryan-Proshyan section the next week",
he added.
To recall, SCR management made a decision on organization of "windows"
for implementation of the repair and erection work, as well as the work
on the current maintenance of the way, artificial constructions and
communication facilities, as well as power supply on the railway. The
latter is a temporary stoppage of movement on a certain railway section
for performance of repair and restoration work. Major repair of 45,0 km
of the main way will be carried out within the frames of the programme.
The work will be completed by December 1, 2009.
SCR CJSC is the 100 percent subsidiary of Russian Railways CJSC. In
February 2008 SCR obtained a concession of the state CJSC Armenian
Railway. The agreement of concession of the Armenian Railroad CJSC
for 30 years with a 20-year renewable period was signed in Yerevan
in February 2008. The contract provides for subsidizing the annual
loss in passenger transportation by the concessionaire. For its part,
the Russian Railways will invest $572 million in the Armenian railway
network, including $220 million within the coming 5 years.