New Delhi: The Delhi Metro Rail Corporation Limited (DMRC) has achieved ISO 55001:2024 certification for its asset management system for Mumbai Metro Line-3, becoming the first metro organisation in India to receive certification to this latest international standard for asset management.ISO 55001:2024 provides a globally recognised framework for managing assets across their entire lifecycle. Its implementation enables organisations to take more informed decisions by balancing asset performance, operational risk and lifecycle costs, thereby enhancing reliability, resource efficiency and long-term sustainability.“The achievement marks a milestone in DMRC’s journey from conventional maintenance practices towards strategic, risk-based and lifecycle-oriented asset management. It reflects a shift from simply maintaining assets to managing their performance, risk, cost and long-term value in alignment with organisational objectives,” said Anuj Dayal, principal executive director, corporate communications, DMRC.He added that DMRC achieved this certification in record time through a comprehensive strengthening of its asset management framework. This included enhancing the Strategic Asset Management Plan (SAMP), aligning asset management objectives with organisational priorities, strengthening risk assessment and lifecycle controls, and undertaking extensive training and capacity building of personnel. The system is continuously monitored through Key Performance Indicators (KPIs), audits and management reviews.DMRC is responsible for the Operations & Maintenance (O&M) of the 33.5-km Mumbai Metro Line-3 corridor, connecting Colaba, Bandra and SEEPZ. Its responsibilities encompass the safe, reliable and efficient management of a wide range of critical assets, including rolling stock, traction, signalling, telecommunications, stations, lifts, escalators, track and civil infrastructure.
