Funds amounting to 1 billion rubles assigned for manufacturing freight locomotives by FRP
In a significant move for the Russian rail industry, the Fund for the Development of Industry (FDI) has approved a 1 billion ruble loan for 'Ural Locomotives' at a 3% annual interest rate. This funding is earmarked for the creation of new models of freight electric locomotives, designed specifically for operation on the Eastern polygon, primarily the BAM and Trans-Siberian Railway.
The new locomotives, including the 'Orlets', 'Malachite' diesel locomotives, and 'Amethyst' two-system electric locomotives, are intended to increase the carrying capacity of these crucial rail networks. Roman Petruca, the Director of FDI, is believed to have played a role in the financing of this project.
Sinar, another major player in the Russian industrial sector, has also been involved in funding similar projects. Anton Zubikhin, the Deputy General Director of Sinar, may be involved in the production of these new locomotives. Sinar's products, including these potential new locomotives, are reported to have an 'import substitution depth' exceeding 90%.
The International Railway Salon 1520 "PRO//Motion.EXPO" was the location where the funding agreement was signed. This event showcases the latest advancements in railway technology and provides a platform for industry leaders to collaborate and discuss future projects.
The 'Ural Locomotives' project forms part of a larger initiative by Sinar, which has also funded the creation of a high-speed train. The total budget for the 'Ural Locomotives' project is 2 billion rubles, and the machines are planned to be produced using domestic components and materials.
The funds from FDI's loan will be used to purchase high-tech equipment, including robotic welding complexes and assembly-welding stands. This investment is expected to boost the efficiency and quality of the manufacturing process, ultimately leading to the production of superior locomotives.
Over the past five years, Sinar has received over 60 billion rubles for various projects, and the FDI has financed over 2,000 industrial projects, totalling over 665 billion rubles. The successful completion of these projects has led to the new production of computer equipment, medicines, automotive components, railway equipment, machine tools, and more.
However, the search results do not provide information about the names of companies financed by the FDI to produce new tractors and wagons for the Eastern polygon. This information remains to be disclosed.
The new locomotives, once produced, are expected to play a crucial role in enhancing the efficiency and capacity of Russia's Eastern rail network, contributing to the country's economic growth and development.
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