BEML secures order from DMRC

Bharat Earth Movers Ltd (BEML) has informed that the Company has secured an order from M/s. Delhi Metro Rail Corporation (DMRC) for manufacture and supply of 156 nos. state-of-the-art standard gauge Stainless Steal Metro Cars towards second phase of operation worth Rs 1144 crores. This order is the single largest historic contract BEML has bagged. BEML is also looking forward for an additional order of 36 Metro Cars from DMRC.

BEML's Rail & Metro Business Group has tied up with IL&FS for working as a consortium to bag metro projects in the country and BEML will supply rolling stock, spares and after sales service for metro projects. BEML & ILFS combine is also exploring the possibility to work on the City Centre to International Airport segment of Metro project at both Hyderabad and Bangalore and possibly other projects on a BOOT basis. BEML is also exploring the avenues to establish a joint venture with an International player for manufacture of various types of bogies in India.