Logistics

BEML bags metro train orders worth ₹501 cr

Our Bureau Bengaluru | Updated on November 23, 2020

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BEML, a Bengaluru-based defence public sector, has got orders valued at ₹501 crore.

The company received a variation order to contract 'MRS1' from DMRC, for additional 12 train sets of six cars each (total 72 cars) to operate on line 2B and 7 of Mumbai metro project.

With these new orders, the total contract value has increased to ₹4,318 crore from the existing ₹3,817 crore, all amounts mentioned in equivalent rupees, for supplies before August 2023, said the company in a regulatory filing to exchanges.

Published on November 23, 2020

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