Russia and Iran intend to sign a contract for the construction and electrification of a railway line in Iran as soon as possible, according to Russian Energy Minister Alexander Novak, Tass reports.
The project provides for the electrification of the 495 km long Garmsar-Ince-Burun railway line. The electrification works will also cover 32 stations and 95 tunnels. 7 traction substations, 11 section pillars, 6 duty posts of the contact station and power supply administration building will be built.
The draft intergovernmental agreement stipulates that Russia will extend a five-year credit to Iran in the amount of up to 1 bln euro. According to preliminary estimates, the project will be implemented in 36 months.
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