http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 16.46Change: -0.16
R/$ = 14.27Change: -0.03
Au 1291.56 $/ozChange: 0.41
Pt 1080.00 $/ozChange: 4.00
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Letters About Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Oct 05, 2012

Prasa to conclude fleet renewal 'as quickly as possible' – Montana

Back
Cape Town|Pretoria|Africa|Alstom|Bombardier|Engineering|PROJECT|rail|Rolling Stock|rolling-stock|Technology|transport|Africa|Canada|China|South Africa|Spain|Switzerland|Maintenance|Service|Lucky Montana|South Africa
|Africa|Engineering|PROJECT|rail|Rolling Stock|rolling-stock|Technology|transport|Africa||Maintenance|Service||
cape-town|pretoria|africa-company|alstom|bombardier|engineering|project|rail|rolling-stock|rolling stock|technology|transport|africa|canada|china|south-africa|spain|switzerland|maintenance|service|lucky-montana|south-africa-region



Passenger Rail Agency of South Africa (Prasa) CEO Lucky Montana is positive the first train in Metrorail’s R123-billion fleet renewal programme can be delivered by 2014 or 2015.

“It’s an ambitious programme, yes,” he admits.

Prasa owns the Metrorail commuter service.

Prasa confirmed on Monday that seven companies and consortia had submitted bids to build and supply modern commuter trains. The bids were submitted following a request for proposals, which was issued on April 19 and closed on September 30.

CAF, of Spain; Bombardier, of Canada; China South Rail; China North Rail; Gibela Rail Transportation, which is a French consortium comprising Alstom and Actom; Dudula Rail, a consortium comprising ABB South Africa and Stadler of Switzerland; and CSR/Wictra, a consortium comprising CSR, of China, and Wictra of South Africa, are all competing to supply the commuter-rail utility with new rolling stock.

“Seven major companies responded,” says Montana. “We are determined to start evaluation of the bidders’ proposals so we may be able to announce the preferred bidder at the end of November.”

“Our team is focused on finding the partner with the right technology and maintenance plan, plus, they must have the right proposals on economic development, such as job creation. We must also revive the South Africa rail engineering sector.

“Financial close is scheduled for June, July 2013, and by next year we can start producing coaches. We want to conclude this as quickly as possible.”

Montana emphasises that Metrorail will not be “importing any trains”.

“We are making sure we build them in South Africa. We have put a 65% local requirement out there.”

Montana says “many companies” wanted Prasa to postpone the tender process to better prepare their bid submissions, but hebelieves that Metrorail can ill afford such as move.

“One-third of the fleet is between 46 years and 52 years old, and are due for retirement over the next four years. If we delay the process, Metrorail will not have new capacity in place before these trains retire, and the costs will be enormous.”

Montana says each new coach will have a lifespan of 40 years.

“If we do this right, then we can buy five trains as and when we need them, for example. Then we don’t need to do these big buys again.”

He also notes that 30% of the project has been marked down to allow for black economic empowerment.

Montana says Treasury has promised Prasa financial support to execute the fleet-renewal programme.

Looking at Metrorail’s funding model, he says “commuters are not expected to pay for the upgrade”.

He says the rail utility does not currently transport a large enough number of commuters to enable this, while most of Metrorail commuters are also low-income earners. He adds that Prasa’s balance sheet is not strong enough to fund the fleet renewal.

Montana says Metrorail’s funding will have to be sourced from government subsidies, as is currently the case, with another 15% added from the fare box, and the remainder flowing from the development of station properties.

“We are sitting on some valuable land. We must make sure we develop our Park, Pretoria and Cape Town stations, for example. Park station can become a valuable mixed-use development.”

Montana says he is hopeful Metrorail can “reach an understanding” about this funding model with government.

Edited by: Creamer Media Reporter

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here
 
Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Transport & Logistics News
Updated 3 hours ago Transnet announced on Monday the implementation of a series of governance, control and monitoring measures to ensure the Original Equipment Manufacturers (OEMs) meet the company’s stringent localisation obligations and supplier development commitments. Transnet...
Updated 3 hours ago South African Civil Aviation Authority (SACAA) on Sunday said it had lifted the suspension of SA Express’ Air Operator Certificate (AOC). “This means that the airline may, with immediate effect, resume operating their fleet of 26 aircraft,” said SACAA in a statement.
CAT EQUIPMENT Barloworld is the official dealer of CAT machinery in Southern Africa
Machinery and global brands distributor Barloworld Equipment group has invested $14-million in its equipment operations in the city of Kitwe, in Zambia.
More
 
 
Latest News
Updated 3 hours ago Transnet announced on Monday the implementation of a series of governance, control and monitoring measures to ensure the Original Equipment Manufacturers (OEMs) meet the company’s stringent localisation obligations and supplier development commitments. Transnet...
Updated 3 hours ago South African Civil Aviation Authority (SACAA) on Sunday said it had lifted the suspension of SA Express’ Air Operator Certificate (AOC). “This means that the airline may, with immediate effect, resume operating their fleet of 26 aircraft,” said SACAA in a statement.
Updated 5 hours ago US Democratic presidential front-runner Hillary Clinton begins a two-day tour on Monday through rural, traditionally coal-reliant parts of the eastern Appalachian region where Republican rival Donald Trump's pro-coal, anti-trade message has resonated with...
More
 
 
Recent Research Reports
Automotive 2016: A review of South Africa's automotive sector (PDF Report)
Creamer Media’s Automotive 2016 Report provides an overview of South Africa’s automotive industry over the past 12 months. The report provides insight into local demand and production, vehicle imports and exports, investment and competitiveness in the sector, as well...
Energy Roundup – April 2016 (PDF Report)
The April 2016 roundup covers activities across South Africa for March 2016 and includes details of a North Gauteng High Court Judge’s dismissal of a court application to postpone the 9.4% electricity tariff increase, which the National Energy Regulator of South...
Electricity 2016: A review of South Africa's electricity sector (PDF Report)
Creamer Media’s Electricity 2016 report provides an overview of South Africa’s electricity sector, focusing on State-owned power utility Eskom and independent power producers, electricity planning, transmission, distribution and the theft thereof, besides other issues.
Energy Roundup – March 2016 (PDF Report)
The March 2016 roundup covers activities across South Africa for February 2016 and includes details of the Department of Energy’s plans to announce the preferred bidders for the first tranche of the coal independent power producer procurement programme; the Council...
Steel 2016: A review of South Africa's steel sector (PDF Report)
Creamer Media’s Steel 2016 Report examines South Africa’s steel industry over the past 12 months. The report provides insight into the global steel market and and particularly into South South Africa’s steel sector, including production and consumption, main...
Construction 2016: A review of South Africa's construction industry (PDF Report)
Creamer Media’s Construction 2016 Report examines South Africa’s construction industry over the past 12 months. The report provides insight into the business environment; key participants; local demand; geographic diversification; corporate activity; black economic...
 
 
 
 
 
This Week's Magazine
The two spent-fuel pools at Eskom’s 1 800 MW Koeberg nuclear power station, in the Western Cape, will be full by 2018, increasing the urgency on the State-owned utility to begin pursuing alternative storage options. Koeberg has, over the past 32 years, accumulated a...
South Africa lacks the skills necessary to implement the government’s plan to build 9.6 GWe of new nuclear energy capacity, warns nuclear-qualified Quality Strategies International CEO David Crawford. “Apart from the concern about the affordability of the programme,...
DOROS HADJIZENONOS The 700-series devices provide network security monitoring, app control, URL filtering, VPN security, antivirus, antispam, antibot, and advanced intrusion prevention and detection functionality
Cybersecurity multinational Check Point has released its latest 700-series cybersecurity systems for small businesses, which draw on its international threat intelligence to provide up-to-date cybersecurity, says Check Point South Africa country manager Doros...
Daimler Trucks and Buses Southern Africa (DTBSA) saw a marked slip in new-vehicle sales in 2015 compared with 2014, with sales dropping from 5 897 units to 5 300 units. The decline came as the South African new truck and bus market declined from 31 558 units in 2014...
Group of 20 (G-20) economies threatened to penalise havens that don’t share information on their banking clients after the leak of the Panama Papers provoked a global uproar over tax evasion. The G-20 will consider “defensive measures” against financial centers and...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $149 Close
Subscribe Now for $149