Preferred bidder selected for privatization of Adelaide's passenger rail network
The government of South Australia has selected the JV by French group Keolis and the Australian company Downer for the privatization of Adelaide's passenger rail network.
Keolis Downer JV will be responsible for operation, maintenance, and expansion of the existing passenger rail network for 8 years. The JV will take over rolling stock maintenance from Bombardier Transportation, which contract expires in the next two years.
The current fleet of 70 DMUs and 22 EMUs is set to grow, with a further 12 three-car EMUs on order for delivery in 2021. The estimated investment value for the project is AUD 2.1 billion (US$ 1.50 billion).
Keolis Downer already operates trams and bus services in Melbourne, the Gold Coast, and Newcastle. The handover of Adelaide's rail operations is part of a larger privatization program, in which, over the past two decades, some South Australian bus services have been transferred to private contractors. For example, in March, a joint venture between SeaLink Travel Group's bus subsidiary, Transit Systems, John Holland, and UGL was awarded a contract to operate Adelaide's tramway network.
Country news
-
-
May 21, 2020
Final train enters service on AUD4.4bn rollingstock project in Australia
John Laing Group (John Laing) has announced that the final New Generation Rollingstock (NGR) train has been accepted and entered into passenger service in Queensland, Australia.
Read more -
April 15, 2020
Final stage of Sydney light rail PPP project opens
The final stage of Sydney light rail PPP project, the new L3 Kingsford Line between Circular Quay and Kingsford, has been opened to the public. The line completes the 12-km Central Business District (CBD) and South East Light Rail project and runs from Circular Quay to Kingsford.
Read more -
February 21, 2020
Refinancing completed for AUD1.6bn bypass in Australia
The Nexus Infrastructure consortium led by Plenary has completed an AUD 400 million (USD 265 million) refinancing of the Toowoomba Bypass public-private partnership (PPP) project in Queensland, also known as Toowoomba Second Range Crossing.
Read more -
February 05, 2020
Builders seek to terminate $4.5bn contract in Australia
Project owners of West Gate Tunnel PPP project in Melbourne, Transurban, have notified Australian Securities Exchange that the builders on their AUD 6.7 billion (USD 4.5 billion) project - CPB Contractors and John Holland are seeking to terminate their contract. The request is based on the fact that dangerous PFAS contaminants were found in the soil and they constitute a “Force Majeure Termination Event.”
Read more -
December 27, 2019
ACCIONA to construct waste-to-energy in Australia
ACCIONA is to construct a waste-to-energy (WTE) plant in East Rockingham (Western Australia), the country’s second large-scale WTE plant, in a contract worth AUD 511 million (USD 354 million). Once completed, it will treat around 300,000 tons of waste every year, preventing more than 300,000 tons of CO2 equivalent per annum - the pollution generated by around 64,000 cars.
Read more
