ETA MELCO Engineering Co. Pvt. Ltd. Offers High Speed Passenger Elevator. ETA MELCO Engineering Co. Pvt. Ltd. Supplies escalators. High Speed Passenger Elevator is used for high rise building, medium rise building, hotel, commercial building and residential building. High Speed Passenger Elevator is provided with highly efficient permanent magnet [PM] motors. High Speed Passenger Elevator is also available with compact gearless traction machine that boast a 2.0 to 4.0 meters per second [6.6 - 13.1 ft./sec.] speed at a capacity up to 1600 kilograms [3,527 lbs.]. It is available under the model name of NexWay.