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KONE Wins an Order for the Delhi Metro in India

Press Release Published 20/06/2007

KONE has won an order to supply all elevators for the second phase of the construction process of the Delhi Metro in India.

The order is one of the largest single orders for KONE in India, including 162 elevators. In addition, KONE has been awarded the planning and installation of a Centralized Monitoring System. The installation of the new elevators will start in 2007 and is estimated to be completed in 2010. “The project to construct one of the world’s most modern metro stations in a metropolis like Delhi has been a really exciting project for KONE. The ambitious construction schedule and the level of high-tech equipment used at the metro station have proven that the city of Delhi has a high need for an efficient solution for its fast growing people flows”, comments Pekka Kemppainen, KONE Area Director for Asia-Pacific. “The increasing need for developing infrastructure in India makes it a very interesting market for KONE.”

KONE has offered elevators and escalators for the earlier stages of the construction process. The existing elevators will be linked to a new centralized monitoring system, which KONE will install in conjunction with the new elevators. The central monitoring system enables remote monitoring of the status, traffic and faults, resulting in valuable system information for analysis.

The construction process of the Delhi Metro started in 1998 and final extensions are estimated to be completed in 2010. The unique feature of the Delhi Metro is its integration with other modes of public transport, enabling the commuters to conveniently interchange from one mode to another. The Delhi Metro is one of the trendsetters for such systems among other cities in the South Asian region. The metro is operated by the Delhi Metro Rail Corporation (DMRC).

Sender:

Pekka Kemppainen
Executive Vice President,
Area Director, Asia-Pacific

Minna Mars
Senior Vice President,
Corporate Communications & IR

For further information, please contact:
Minna Mars, SVP, Corporate Communications & IR, tel. +358 (0)204 75 4501

KONE is one of the world’s leading elevator and escalator companies. It provides its customers with industry-leading elevators and escalators, with innovative solutions for their maintenance and modernization. KONE also provides maintenance of automatic building doors. In 2006, KONE had annual net sales of EUR 3.6 billion and approximately 29,000 employees. Its class B shares are listed on the OMX Nordic Exchange in Helsinki, Finland.

www.kone.com