Russia plans implementing lower transport charges for private investors

Russia’s Federal Tariff Service has suggested implementing lower transport charges for private transport companies investing into infrastructure development. Otherwise, the FTS has proposed increasing tariffs if infrastructure is financed at the expense of RZD’s own or loaned means.
This strategy is envisaged in the draft “Rules of Setting Tariffs, Dues, and Fees for Work (Services) Provided by Entities of Natural Monopolies in Railway Transportation”, developed by the Tariff Service.

According to the draft document, the tariffs are set for innovative development of railways, carrying out investment projects, including construction of new lines and other infrastructure facilities.

The balance of interests of subjects of regulation and their consumers, players of transport and goods markets will be observed when setting new tariffs. Moreover, equal access to transportation services will be observed in the Russian market.
The document also envisages the mechanism of tariff forming which can increase or decline by a definite fixed rate, different coefficients can be applied, combined rates can be set, or the tariff can be calculated using a special formula.

Tariffs can differ according to the economic importance of an infrastructure facility, or the type and class of transported cargo and the direction of transportation.

Source :

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