Carillion has been awarded two contracts, both undertaken under Network Rail’s Midland Mainline improvement programme.
The first contract signed with Network Rail concerns the upgrade of the existing track and infrastructure on the route from London to Corby. The contract is expected to generate revenues for the group of £62m (EUR 70.3 million) over the next two and a half years.
The second contract with Network Rail was signed by Carillion Powerlines, a 50:50 Joint Venture with Powerlines Group. The project is developed under the framework of the Midland Mainline Electrification programme. Under the contract, Carillion Powerlines will undertake work to complete the electrification of the route from London to Corby. The contract is expected to generate revenue for the Joint Venture of £260 million (EUR 294.9 million) over the next three years and work will commence shortly.
“We are pleased to have agreed these awards with Network Rail, demonstrating that we continue to have the support of key customers and win important new contracts”, Keith Cochrane, Interim Chief Executive, said.
Share on:
