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Operations and fleet contracts awarded for Sydney Metro Lines, Australia [free access]

November 23, 2019

The state government of New South Wales (NSW) has awarded the Sydney Metro the rolling stock, systems, operations, and maintenance public–private partnership (PPP) to the Northwest Rapid Transit (NRT) consortium. The consortium comprises Hong Kong-based MTR Corporation and Australia-based John Holland, CPB Contractors, UGL Rail, and Plenary Group. It currently operates Sydney Metro Northwest Line.

 

The estimated value of the extended contract is AUD7.3 billion, of which AUD1.7 million has been allocated for the supply of rolling stock and core rail systems and AUD2 billion has been allocated for the provision of operations and maintenance (O&M) services for the Sydney Metro North West and City and Southwest lines till 2034. The state government will own the metro system’s infrastructure, including stations, tracks, and trains.

 

Plenary Group will provide commercial advisory services as well as raise new debt and equity to finance the Sydney Metro City and Southwest project.

 

In addition, Alstom has secured a contract to design, manufacture, supply, test, and commission 23 six-car trains and the communication-based train control (CBTC) signalling system for the Sydney Metro City and Southwest Line. The estimated value of the contract is EUR350 million.

 

(1 AUD [Australian Dollar] =0.68 USD, 1 EUR [Euro] = 1.10 USD)