BEL receives orders worth Rs 1,940.35 crore

The orders are for the supply of cutting-edge communication and electronic warfare (EW) sensors and other systems for the Indian Navy
BEL receives orders worth Rs 1,940.35 crore
BEL receives orders worth Rs 1,940.35 crore
Published on

New Delhi: Navaratna Defence PSU Bharat Electronics Limited (BEL) on Thursday entered into a contract valued at Rs.847.70 crore (plus taxes) with Larsen & Toubro Limited (L&T) for the supply of 14 cutting-edge communication and electronic warfare (EW) sensors and systems. These state-of-the-art systems, manufactured domestically by BEL, will be installed on three Cadet Training Ships for the Indian Navy.

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

This collaboration between BEL and L&T exemplifies the strong partnership between the two companies and underscores the broader co-operation within the Indian Industry. The successful execution of this contract will involve the participation of numerous micro, small and medium enterprises (MSMEs) and represents a significant stride towards achieving the vision of Atmanirbhar Bharat.

Additionally, BEL has secured other orders valued at Rs 1,092.65 crore following the last disclosure on February 13. These orders encompass the supply of LRUs for T-70 & T-90 Tanks, Communication Systems for the Indian Navy, as well as other Spares and Services. With these recent developments, BEL has now accumulated orders totalling Rs 32,716.33 crore in the current financial year, highlighting the company’s continued growth and success in the Defence sector.

(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.)

logo
PSU Watch
psuwatch.com