ALMOST a year after it was selected as preferred bidder, Alstom confirmed on July 29 that it has signed a contract worth around €200m to supply 17 six-car Coradia Polyvalent bi-mode (diesel and 25kV ac electric) multiple units to Algerian National Railways (SNTF).
TRANSNET, South Africa, has agreed a Rand 2.8bn ($US 230m) 15-year loan with Germany's KfW Development Bank to partially fund the purchase of 240 electric locomotives from Bombardier as part of its record Rand 40bn order for 1064 new locomotives signed in 2014.