UGL Limited announced that its unincorporated joint venture with Hyundai Rotem and Mitsubishi Electric Australia, RailConnect NSW, has won a $2.3 billion contract to build an inter-city train fleet for New South Wales.
The new intercity fleet is a NSW Government project to replace trains carrying customers from Sydney to the Central Coast, Newcastle, the Blue Mountains and the South Coast.
According to UGL, the fleet of high capacity double deck trains will offer long distance customers a “more enjoyable travelling experience” by providing them with advanced communications technology, more comfortable seating and enhanced commuter amenities.
UGL said its part of the contract will generate revenue of around $570 million, primarily from maintenance and asset management services including the initial maintenance facility installation works.
“We are pleased to be a member of this world class consortium selected by Transport for NSW to deliver and maintain the next generation of passenger trains for the Sydney region,” said UGL CEO, Mr Ross Taylor.
JV partners Hyundai Rotem and Mitsubishi Electric Australia will be responsible for delivery of the fleet from design through to final commissioning, with UGL to provide local support through the design and testing phases of the project.
“The New Intercity Fleet adds another significant long term maintenance contract to the order book of our Rail business and reflects UGL’s position as an industry-leading provider of rail maintenance services to the Australian market,” Mr Taylor concluded.
The first trains will be delivered by 2019, with the rest of the fleet to be shipped progressively through to 2022.