Commission: Approved an investment of over €10 million for the renovation of 14 trains of the Piraeus line – 2024-04-11 22:47:34

Peloponnese Newsroom

The European Commission has approved funding of more than 10 million euros from the Cohesion Fund for the renovation of 14 trains of Line 1 of the Athens Metro.

The investment kicks off the first “circular economy” project in Athens, giving new life to outdated trains and ensuring the recycling of existing materials, while providing citizens with more reliable public transport and investing in green mobility in the city, reports the Commission. It is estimated that the modernization will extend the life of the trains by around 25 years.

H Commission notes that greater comfort and improved reliability will make the trains more attractive to passengers, and adds that the project will have many environmental benefits and energy savings, among others:

Athens can look forward to less air pollution and lower noise levels thanks to modernized trains and the upgrade of two energy recovery traction substations as well as the installation of an energy recovery system from electric braking will reduce energy consumption by 15%.

According to the protothema, this first adoption of the 2014-2020 funding period paves the way for further investment from the 2021-2027 funding period, which means that the total investment for the project will reach more than 94 million euros.

In October 2022, the extension of metro line 3 to the port of Piraeus was inaugurated, having received financial support of 470 million euros from the Cohesion Fund.

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