Portugal: €520 million for high speed trains

Lisbon: CP estimates that the purchase of 16 high-speed trains will cost around 520 million euros, according to Jornal de Negócios. The railway operator plans to launch the tender this year for the acquisition of rolling stock for the future line that will connect Lisbon and Porto.

According to the feasibility analysis of the Alta Velocidade operation carried out by the consultancy KPMG, the operation will generate around 6.2 billion euros over the 30 years of the concession, based on the scenarios presented by IP: 52 daily services, 8 million passengers per year and an occupancy rate of 80%.

The consultant states that the biggest cost of the operation, around 40%, will be the payment of the railway infrastructure usage fee (TUI), which IP defined as 10 euros per train per kilometer of high speed when it is currently around 2 euros. An amount that will allow the public company to pay 15% of the investment cost of the new line.