LPA GROUP PLC
£2.5m Australian rail contract
LPA Group PLC ('LPA'), the lighting, power and electronics system manufacturer and distributor, is delighted to announce its subsidiary, LPA Niphan Systems, has been selected by Downer EDI Rail, an Australian-based rail vehicle builder, to supply the Intercar Electrical Connection Equipment (Jumpers and Receptacles) for Sydney's new fleet of double-deck passenger transport rail vehicles.
This fleet, which is being supplied under a Public Private Partnership, known as the PPP Project, covers the delivery of 78 eight-car train sets, comprising a total of 624 vehicles. The full contract value of LPA Niphan System's supply of the Jumpers and Receptacles will amount to approximately £2.5m, for delivery commencing in the autumn of 2008 and continuing over the next five years.
Peter Pollock, Chief Executive, comments:
'Following on from our recently-announced contract to supply lighting equipment for a fleet of more than 1,700 London Underground carriages, this latest contract demonstrates once again the international demand for our range of safety-critical electrical equipment. I remain confident that further significant rail contracts will follow in the coming months.'
3 September 2008
ENQUIRIES:
LPA Group plc |
Tel: 01799 512844 |
Peter Pollock, Chief Executive |
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Landsbanki Securities |
Tel: 020 7426 9000 |
Jeff Keating |
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College Hill |
Tel: 020 7457 2020 |
Gareth David |
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