Transport for Wales is hoping to electrify more than 100 miles of railway track for light rail operation for less than £500m, LTT understands.
The Welsh Government has repeatedly stated that £734m is available for modernising the Core Valley Lines, but TfW is planning to retain £300m of this as contingency, in case unexpected cost increases occur. If the conversion of existing lines to light rail can be achieved for £434m or a similar amount, the contingency would be...
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