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The discussions between Azerbaijan Railways CJSC (ADY) and Germany's Rhenus Group regarding the expansion of cooperation on international transport corridors, which began earlier, have continued within the framework of COP29, Report informs, citing ADY.
Azerbaijan Railways (ADY) and Germany's Rhenus Group are set to enhance their collaboration on international transport corridors, Report informs, citing ADY. The discussions initiated on November 20 during COP29 continued today.
The UAE's Masdar company has identified the decarbonization potential of Azerbaijan Railways CJSC (ADY) as a result of joint research, Murad Sadigov, the head of Masdar's representative office in Azerbaijan, said at the event "Towards a Sustainable Future with Transport Corridors: Railways in Climate
He noted that Azerbaijan Railways plays a key role in developing the Baku-Tbilisi-Kars (BTK) railway line, which is an important part of the Middle Corridor.
Azerbaijan Railways (ADY) and the International Union of Railways (UIC) signed a document on railways' climate commitment, Report informs.
Azerbaijan Railways has achieved success within the framework of Nationally Determined Contributions, including carbon emission reduction, railway electrification, and transition to alternative energy sources in production, Tural Abbasli, advisor to the chairman of Azerbaijan Railways CJSC (ADY), said
In Azerbaijan, major infrastructure projects in the railway sector are mainly implemented through state investments, Rovshan Rustamov, Chairman of Azerbaijan Railways CJSC (ADY), said at an event titled "Reliable Solutions for Accelerating Railway Operations" within the framework of COP29 in Baku.
Azerbaijan Railways (ADY) and the International Union of Railways (UIC) discussed key areas of joint work within the framework of COP29.
Over 7 days, Azerbaijan Railways (ADY) provided free transportation for more than 3,000 COP29 participants in Baku, Report informs citing the company. As a reminder, COP29 participants can use the Absheron Ring Railway (high-speed electric trains on Baku-Sumgayit-Baku route) free of charge.
In January-October 2024, Azerbaijan Railways CJSC (ADY) trains transported more than 6.9 million passengers, which is 23% more compared to the same period last year, Report informs, citing ADY. According to the company, in October alone, the increase was 24%.