Investments of RZhD OJSC into development of railway approaches to the ports of Taman peninsular to make about 10 billion rubles, Vladimir Vorobiev, head of North-Caucasus Railway (NCRW – branch of RZhD Company), told to the reporters. In particular, the funds are to be spent for construction of double-track sections and runs as well as either-direction automatic block systems, Interfax-Yug reports, according to kuban.info. For the moment being RZhD has invested 1 billion rubles into railway infrastructure at Taman port (Zheleznyj Rog). Tamanneftegaz and Toliattiazot companies have invested 300 and 280 million rubles into construction of their terminals there. According to Vorobiev, NCRW insists on transfer of a 20 km section built by Tamanneftegaz and Toliattiazot companies to NCRW, since this run does not meet railway safety requirements. Besides, according to NCRW head, RAO "UES of Russia" plans investments to the amount of over 2.5 billion rubles into construction of a high-voltage line - 500 kWt (ЛЭП-500) at Taman peninsular in order to electrify railway infrastructure of Taman, including the Anapa section, with speed increase up to 120 km/h.
Investments of RZhD OJSC into development of railway approaches to the ports of Taman peninsular to make about 10 billion rubles
According to Interfax-Yug, investments into ЛЭП-500 will amount in 2007-2008 to 2.9 billion rubles. It will enable feeding of all energy consuming organizations including ports and railways. Today there are Temryuk and Taman ports at the peninsular, Taman port is under construction (Zheleznyj Rog). Besides, there is a plan to build new port at Panagia cape – Kuban Sea Trade Port OJSC (its strategic investor is agricultural-and-industrial group Aston). Design capacity of Kuban is 35 million tons per year, Taman – about 25 million tons, Caucasus and Temryuk ports – about 7-8 million tons each. Today’s capacity of existing ports is very low – below 10 million tons. Investment program of RAO "UES of Russia" in the Southern federal area is to reach 173 billion rubles through 5 coming years, including 12 billion rubles of federal funds. Anatolij Chubais, the company’s head, reported at the fifth International Economic Forum of Kuban.