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Bharat Electronics receives orders worth Rs 2,673 crore

22 Dec 2023 Evaluate

Bharat Electronics (BEL) has received orders worth Rs 2,673 crore from Goa Shipyard (Value: Rs 1701 crore) and Garden Reach Shipbuilders & Engineers (Value: Rs 972 crore) for supply of 14 types of sensors for use on Next Generation Offshore Patrol Vessels (NGOPV). This will have participation of electronics and associated industries including MSME, which are sub vendors of BEL. The Equipment manufactured by BEL are part of ‘Atmanirbhar Bharat’ program. 

The company has also received additional orders worth Rs 86.15 crore since the last disclosure on December 15, 2023 and the said orders pertain to miscellaneous Spares & Services. With the said orders, BEL has bagged cumulative orders of worth Rs 25,935.15 crore till now in the current financial year (FY24). 

BEL is a multi-product, multi-technology, multi-unit conglomerate with various products in the areas of military communication, radars, naval systems, C4I systems, weapon systems, homeland security, telecom & broadcast systems, electronic warfare, tank electronics, electro-optics, professional electronic components and solar photovoltaic systems.


Bharat Electronics Share Price

462.70 7.10 (1.56%)
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