Release date: 17 October 2002
Promoter – Financial Intermediary
Société Nationale des Chemins de Fer Français (SNCF)Location
Description
Purchase of 22 high-speed (TGV) duplex trainsets.
Objectives
The project represents the first phase of a larger investment programme to expand SNCF's TGV fleet. These first trainsets will be primarily deployed to meet the passenger transport capacity requirements of the TGV Méditerranée. This will free existing single-deck TGV units for use on other lines, particularly the TGV Est européen, as from 2006.
Comments
Railway transport.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 200 million
Total cost (Approximate amount)
EUR 430 million
Environmental aspects
The acquisition of the duplex TGV trainsets will contribute to enhancing the attractiveness of public rail travel compared to private vehicle and public road transport. The passenger transport capacity of the double-deck sets is 50% higher than that of standard units. They will therefore allow an expansion in passenger traffic without increasing the number of trains used, thus reducing the environmental impact in terms of noise and air pollution.
Procurement
The programme falls under European procurement directive 93/38/EC as amended by directive 98/4/EC. The promoter will comply with the provisions of this directive.
Status
Signed - 17/10/2002