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Polish railway power supplier notes record investment figure in 2023

In 2023, Polish state-owned railway electricity distributor PGE Energetyka Kolejowa carried out investments at a record level of 1.3 billion Polish zlotys (277 million euros).

It is the first time in the company’s history that the value of investments has exceeded one billion zloty. The majority of investment funds were allocated to the construction and modernisation of traction substations and sectional cabins.

A significant portion of the expenditures was used for connecting new electricity consumers. Notably, PGE Energetyka Kolejowa entered into 39 connection agreements with PKP PLK, with a total value of 388 million zlotys (82 million euros).

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The company also negotiated a new electricity tariff. President of Poland’s Energy Regulatory Office issued the relevant decision on 27 December 2023, which enabled PGE Energetyka Kolejowa to secure a stable source of funds to implement its investment plan for the coming years, the company said in a press release.

Additionally, PGE Energetyka Kolejowa noted a 2.38 per cent increase in fuel sales in comparison to 2022. The company supplies fuel to railway carriers operating on unelectrified sections of railway lines. In July 2023, the 20th railway fuel station was launched, located in Wrocław Główny. In total, in 2023, PGE Energetyka Kolejowa entered into 47 agreements with carriers, selling 44,248 cubic metres of fuel.

In September 2023, PKP Intercity also joined the Green Railway programme. As part of the initiative, PGE Energetyka Kolejowa and the national railway carrier plan to cooperate in creating low-emission railway transport and improving energy efficiency.

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