EghtesadOnline: The unfinished subway network in the capital city of Tehran needs 2 quadrillion rials ($8.1 billion) of budget for the construction of unfinished lines, purchase of train cars and standardization of equipment, the head of Tehran City Council’s Transportation Commission said.
EghtesadOnline: The outbreak of Covid-19 in Iran since mid-February has saddled Tehran Metro Company with a massive loss of 2 trillion rials ($11.2 million), the head of the company said.
EghtesadOnline: Iran’s Oil Ministry has invested $15 million in Tehran Metro to help expand the capital’s public transportation network, the oil minister wrote on Twitter.
EghtesadOnline: To link Pardis to Tehran via a subway line, an agreement worth 40 trillion rials ($258 million) has been signed by New Towns Development Company and Khatam-al Anbiya Construction Headquarters.
EghtesadOnline: Public transportation fares for metro, bus, taxi and minibus will see a 25% rise in the next Iranian year (starting March 20), as per the approval of Tehran City Council on Tuesday.
EghtesadOnline: Esfahan Steel Company (ESCO) has signed an agreement with Tehran Metro Company for providing 800 tons of rails to boost the development of urban and intercity railroads.
EghtesadOnline: One more station along the eastern flank of Tehran Metro’s Line 7 is to come on stream in three weeks, CEO of Tehran Urban and Suburban Railway Company announced.
EghtesadOnline: Hashtgerd Metro Station, an extension of Tehran-Karaj intercity subway’s Line 5, is to be launched in two weeks.
EghtesadOnline: After the official launch of two new stations in Tehran Metro’s Line 7 early this week, urban managers assured the citizens of swift progress in the expansion of Tehran subway network.
EghtesadOnline: The completion of lines 6 and 7 of Tehran’s subway network will cost 67 trillion rials ($478 million), CEO of Tehran Urban and Suburban Railway Company says.