The Ukrainian Railways joint-stock company (Ukrzaliznytsia) intends to begin electrification of the Dolynska-Mykolaiv-Kolosovka railway line in March 2019.

Ukrzaliznytsia’s acting Board Chairman Yevhen Kravtsov announced this while commenting on the parliamentary ratification of the financial agreement between Ukraine and the European Investment Bank on provision of a loan of EUR 150 million for modernization of railway infrastructure, the CFTS portal reports.

The ratification of the agreement will allow Ukrzaliznytsia to begin organizing an open international tender to select a general contractor for the electrification of the Dolynska-Mykolaiv-Kolosivka railway line.

“We are planning to begin direct work on electrification in March 2019. The first tranche is expected to be disbursed at the end of May 2019. The minimum tranche is EUR 5 million and the total number of tranches is up to 20,” Kravtsov was quoted as saying.

The project will be implemented in two phases: the work on the Dolynska-Mykolaiv segment (with an operational length of 148 kilometers) is scheduled to be performed from March 2019 to May 2023 and the work on the Mykolaiv-Kolosovka segment (105 kilometers) from June 2019 to October 2021.

As the CFTS reported, in early September, Ukrzaliznytsia completed the electrification of a 12-kilometer stretch of the Zolotnyshyne-Potoki railway line, which the Ferrexpo company uses to export its products from the Poltava ore mining plant.