MIL-OSI Russia: The government has approved the planned volume of subsidies for regional projects to develop urban electric transport

Translation. Region: Russian Federal

Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

In 2025, it is planned to allocate about 4 billion rubles to subsidize preferential loans provided to support ongoing projects for the development of urban electric ground public transport in the regions. The planned funding for the budget three-year period will be 12 billion rubles, and in general from 2025 to 2042 – more than 41.7 billion rubles. An order has been signed containing the distribution of these funds.

Document

Order of June 23, 2025 No. 1617-r

The decision will guarantee co-financing of already started projects for construction, modernization and reconstruction of tram lines and infrastructure for them, as well as the acquisition of electric transport. Such projects are implemented on the basis of long-term concession agreements.

Participants in the program for subsidizing projects for the development of urban electric transport include Krasnodar and Perm Krais, Volgograd, Kursk, Lipetsk, Nizhny Novgorod, Rostov, Saratov and Yaroslavl Oblasts. Participants have been receiving preferential loans for the implementation of such projects since 2023 as part of the state program “Development of the Transport System”. Subsidies from the federal budget to compensate for lost income due to the application of a preferential rate are allocated by VEB.RF in the form of a property contribution from the state.

Previously, the main administrator of budget funds in this area was the Ministry of Finance. The signed order transferred these functions to the Ministry of Transport.

The Prime Minister Mikhail Mishustin announced the decision takenat the cabinet meeting on June 26.

According to him, further implementation of the decisions taken will help reduce noise on city streets, reduce emissions due to more environmentally friendly rolling stock, and most importantly, make travel by transport more comfortable and safer.

Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

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