BEML secures Rs 405 crore contract for Bengaluru Metro 
Defence Watch

BEML secures Rs 405 crore contract for Bengaluru Metro

BEML on Thursday said that it has secured a significant contract worth Rs 405 crore from the Bengaluru Metro Rail Corporation Limited

Defence Watch Bureau

New Delhi: BEML Limited, a leading public sector enterprise under the Ministry of Defence, has secured a significant contract from Bengaluru Metro Rail Corporation Limited (BMRCL). The contract involves the design, manufacture, supply, installation, testing, and commissioning of standard gauge metro cars, along with personnel training and comprehensive maintenance for up to 15 years.

This information has been shared by the Defence PSU in a regulotery filling to the stock exchanges on Thursday.

PSU Watch is now on Whatsapp Channels. Click here to join

The contract is valued at approximately Rs 405 crore and falls within the company's normal course of business. The project is part of BMRCL’s ongoing efforts to enhance metro connectivity and improve urban transportation infrastructure in Bengaluru.

This latest order further solidifies BEML’s position as a key player in India’s metro rail segment, leveraging its expertise in manufacturing high-quality rolling stock. The company has previously delivered metro coaches for several major metro projects across the country.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

"India, Canada working on easing cross-border remittances: Sitharaman

India Inc revenue growth to moderate to 13-15% in Q2; margins to contract: Report

Will consider Air India's biz strategy, other factors before deciding on additional fund requests: Singapore Airlines

India emerging as global production, innovation and services hub: FM Sitharaman

Centre starts selling onion at a discounted price of Rs 35 per kg in national capital