Spain awards high-speed train contract to Talgo
SPAIN has awarded a contract worth 786 million euros (US$832 million) to supply and maintain 15 highspeed trains to Spanish train maker Talgo.
Talgo beat out rival bids by Germany’s Siemens and France’s Alstom for the tender, which can be extended for a second batch of 15 more trains that would raise the total value of the contract to 1.4 billion euros.
“The winning offer was presented by Talgo,” Public Works Minister Inigo de la Serna announced.
The company presented “the best offer from both the technical and economic point of view”, he added.
The initial contract is to build 15 new high-speed trains and maintain them for 30 years. The construction of the trains will take around five years and generate around 1000 jobs, the minister said.
Talgo is already the main supplier of high-speed trains to Spanish national rail operator Renfe, with 47 percent of the market, ahead of Siemens, which has a 27pc share. The new contract will give Talgo a 54pc share of Renfe’s high-speed train market, a Talgo spokesperson told AFP. –
People peep through the tinted windows of a Spanish-made Talgo train, before its first trial run from Bareilly to Moradabad, in Bareilly, India.