Govt provides KiwiRail $35M to keep electric freight service

Gavin Evans
Tue, 30 Oct 2018

By Gavin Evans Oct. 30 (BusinessDesk) - The government has provided KiwiRail an extra $35 million to restore its fleet of ageing electric locomotives on the North Island’s main trunk line. The money will be used to refurbish the 30-year-old trains during the next four years. Only eight of the units are currently operational and they had been due to be decommissioned in March 2019 following a decision by the KiwiRail board in December 2016. Deputy Prime Minister Winston Peters – also Minister of State-owned Enterprises - said refurbishi...

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