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HomeNewsBusinessIn a rare instance, Delhi Metro leases lifts and escalators in PPP mode

In a rare instance, Delhi Metro leases lifts and escalators in PPP mode

It has just signed a contract with Johnson Lifts, which will design, supply and maintain the products for 15 years

February 25, 2022 / 19:09 IST
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The escalators will be 65% indigenised, which is a first in India for heavy-duty escalators. (Photo: Reuters)

For the first time perhaps, the Delhi Metro Railways Corporation (DMRC) has gone in for a lease contract for lifts and escalators on a Public-Private partnership basis.

It has just inked a contract with Johnson Lifts Pvt. Ltd, a leading manufacturer of lifts and escalators.

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Under the contract, Johnson Lifts will provide 179 lifts and 323 escalators manufactured from factories at Oragadam and Sengadu in Tamil Nadu.

Johnson Lifts will design, supply, commission and maintain the lifts and escalators for 15 years. The escalators will be 65% indigenised, which is a first in India for heavy-duty escalators. Usually, for heavy-duty applications, the practice by Metro agencies has been to import escalators.