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A private investor will nevertheless undertake the second Severomuisky tunnel on BAM - EastRussia | Far East

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Private investor will nevertheless undertake the second Severomuisky tunnel on BAM

The construction of the second stage of the Severomuisky tunnel on the Baikal-Amur Mainline will begin this year and last for five years. As expected, the work will be performed by the Sibanthracite group and the VostokUgol management company, which have already begun work on the construction preparation.

The construction project "Severomuisky tunnel-2" "VostokUgol" develop independently. According to the company "Sibantratsit", pre-design works are already underway, a working group has been formed to implement the project for the construction of the tunnel, it was created together with Russian Railways.

About readiness to tackle the Northern railway tunnel, co-owner of the companies "Sibantratsit" and "Vostokugol" Dmitry Bosov said last year. He recently asked Vladimir Putin to provide "Sibanthracite" priority access to BAM and Transsib on 25 years for the transport of 50 million tons of own cargo in exchange for construction at their own expense of the North Tunnel-2 ”.

Siberian Anthracite has its own interest in this project: by 2022, the company plans to bring coal production only in Siberia to 52 million tons, and the new tunnel will increase the carrying capacity of BAM. The investor will have to lay 15 km across the Severoomsky Ridge, which has a complex geology. At the same time, the companies of Dmitry Bosov have rather high credit debts.