Subscriber Login

Finance

Funding agreement signed to upgrade Sofia’s public transport fleet, Bulgaria [free access]

October 14, 2019

Bulgaria’s Minister of the Environment and Water Resources, the Sofia Electric Transport EAD, and Sofia Auto Transport EAD have signed three funding contracts of total worth BGN218 million under the European Union’s Operational Program Environment (OPE) 2014–2020 programme for the deployment of eco-friendly trams, buses and trolleybuses in Sofia, Bulgaria. The three projects require a total investment of BGN261.4 million for the deployment of a total of 137 electric vehicles (including trams) for public transport. 

 

The first project involves procurement of 25 new low-floor articulated trams, which will be operated by Sofia Electric Transport on existing tram lines 4, 5, and 18. The second project involves procurement of 30 new low-floor trams, 30 electric buses and 10 charging stations, and articulated trolleybuses, as well as reconstruction and modernisation of three rectification stations. The electric buses will be deployed with ultra-fast capacitors. The third project involves procurement of 52 electric buses and relevant equipment. All the new electric buses will be operated by Sofia Auto Transport EAD.

 

(1 BGN [Bulgarian Lev] = 0.56 USD)