EQS Group-News: Schindler Holding AG
/ Key word(s): Contract
Schindler has been selected to deliver and install 180 escalators for two new routes of the Bangalore Metro Rail Corporation Ltd's Phase 2 project. The project will integrate the metro network with Bangalore's other urban transport systems, and eventually will connect the city's tech hub with Bangalore International Airport. Bangalore, India's third-largest city, is well-known as a global tech hub. The Phase 2 project, which is set to be completed by 2026, will promote public transport to Bangalore's Information Technology (IT) district and is intended to ease the city's traffic congestion. Implementation has been divided into different elevated reach extensions and underground sections. The project for which Schindler has been selected includes 140 escalators for the extension that will serve as the new Yellow Line route connecting Bangalore with Electronic City - one of India's largest IT industrial parks. In addition, Schindler will deliver and install 40 escalators for the new Pink Line north-south route through the city. The new stations will be able to transport an addi-tional 370,000 passengers a day. 'We're proud to be supporting a project of this magnitude that is bound to improve quality of life in Bangalore. Our technology will help the people of Bangalore navigate the city's expansive public transport network in a reliable, safe, efficient, and comfortable manner,' said Jujudhan Jena, Member of Schindler's Executive Committee responsible for Asia Pacific. 'I'm honored that we will play a vital role in forming the beating heart of Bangalore's metro system.'
About Schindler: More information: Carolyn Pike | Head of Media Relations Phone +41 41 445 32 98 | Mobile +41 79 195 27 81 carolyn.pike@schindler.com Schindler Management Ltd.
Zugerstrasse 13 6030 Ebikon Switzerland Tel. +41 41 445 32 32
End of Media Release |
Language: | English |
Company: | Schindler Holding AG |
Zugerstrasse 13 | |
6060 Ebikon | |
Switzerland | |
Phone: | +41414453060 |
E-mail: | corporate.communications@schindler.com |
Internet: | www.schindler.com |
ISIN: | CH0024638212, CH0024638196 |
Valor: | 002463821 |
Listed: | SIX Swiss Exchange |
EQS News ID: | 1228398 |
End of News | EQS Group News Service |
|
1228398 24.08.2021
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.