The last important step for the implementation of the upgrade project of the Larissa-Volos line, which has been auctioned by ERGOSE, was completed with the signing of a concession contract to OSE of the right of surface area, which is necessary for the start of the project. The signing of the contract between ETVA Industrial Zones SA and OSE SA paves the way for the signing of the Construction Contract between ERGOSE and the Contractor of the project, with its only pending presentation in Parliament.
More specifically, in the framework of the agreement, which was co-signed by both ERGOSE, which has undertaken the implementation of the project, and the company “Management of the First Industrial Area of Volos SA”, OSE has the right to free and unimpeded use of the land granted by ETVA Industrial Areas SA, for a period of 99 years with the aim of construction and operation of the new railway line and the projects that accompany it.
At the signing of the contract were present, representing their companies, Mr. Christos Vinis, President and CEO of ERGOSE, Mr. Athanasios Kottaras, Deputy CEO of OSE, Mr. Athanasios Psathas, CEO of ETVA .ΠΕ. Α.Ε. ” and Ms. Ioanna Kinta, President and CEO of the company “MANAGEMENT OF THE FIRST INDUSTRIAL AREA OF VOLOS SA.”
The project, with a budget of 67 million euros, concerns the upgrade of the existing railway line Larissa – Volos and specifically to the installation of electricity, signaling-remote control, telecommunications and ECTS Level 1 in the existing single Railway Line Larissa – Volos in the section Quarry Station – Industrial Area – Volos.
This project – crucial for the wider region – achieves:
– the electric interconnection of Volos with the PATHE / P axis, which is already electrified,
– upgrading the security, comfort and portability of the network,
– compliance of the network with the principles of interoperability
– The conditions are created for the interconnection of the railway network with the Port of Volos.
After the signing of the concession agreement, the President and CEO of ERGOSE Mr. Christos Vinis noted: “For the past two years, the Management of ERGOSE has focused on the final resolution of issues that for years delayed the implementation of the country’s railway upgrade projects. Today’s signing of the concession of the relevant area is another example of the role of ERGOSE in unlocking and proceeding with important projects.The electrification installation is indicative of the fact that ERGOSE plans the future of the Greek railway based on the principles of sustainability and with the aim of reducing of its environmental footprint and the continuous production of added value for the transport sector of people and goods in our country “.
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Source From: Capital
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