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BEML receives LoA from DMRC for supply of 378 metro coaches

24 Nov 2018 Evaluate

BEML has received Letter of Acceptance (LoA) from DMRC for supply of 378 metro coaches (63 metro trains) to Mumbai Metro Line- 2 and 7 project. The contract is worth about Rs 3015 crore and the scope of work include design, manufacture, supply, testing and commissioning of 378 metro coaches, supply of spares and training of personnel. As per the contractual timelines, train deliveries are scheduled to commence from July 2020 until September 2022.

BEML a leading mining and construction equipment manufacturer has designed and developed indigenously over 40 products through its R&D, and are not only working in India but also in 65 countries around the world.

Peers
Company Name CMP
BEML 1974.70
Action Const. Equip 1027.35
Sanghvi Movers 345.20
TIL 207.65
Brady & Morris Engg. 549.05
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