Mayor Phil Goff is backing the purchase, which meets an election promise to provide battery-powered trains to Pukekohe. Once the line to Pukekohe is electrified by 2025, the trains could be used to extend rail services to Huapai and Kumeu on the western line, he said.
"New electric and battery powered trains will have major benefits for commuters living south of Papakura in the high growth areas of Drury, Paerata, Pukekohe and potentially Pokeno.
"The purchase of the new units which can operate on lines not yet electrified allows us to eliminate ageing, less reliable diesel trains currently used on the Pukekohe line.
"The result is a more attractive public transport system which will help tackle growing congestion levels, especially on the Southern Motorway," Goff said.
The proposal for the new trains stacks up and will help meet the growth in rail patronage, which is growing at 17 per cent a year and due to increase from 18 million passengers in June this year to 21.9 million passengers by the middle of 2019, he said.
The new trains would also provide resilience during construction of the $3.4b City Rail Link when there will be disruption to overhead power lines.
The project will only proceed if the NZ Transport Agency agrees to pay at least 50 per cent of the purchase price and running costs, and Auckland Transport reprioritises its capital works programme to provide $50 million funding over three years.
The approval would mean the council gets right up against its debt ceiling, which, if breached, could lead to a credit rating downgrade, drive up borrowing costs and reduce investor confidence in Auckland Council.
Goff acknowledges the purchase would limit the ability for other new projects, but is confident of securing other new revenue sources to pay for infrastructure that won't breach debt-to-revenue constraints.