MoneyWorks4Me

BEML inks three MoUs with Dredging Corporation of India

31 Oct 2025 Evaluate

BEML has entered into three non-binding Memorandums of understandings (MoUs) for a value of Rs 350 crore with Dredging Corporation of India (DCIL). The MoUs are for Building of 5 nos. of Inland Cutter suction dredgers of different capacity under ‘ATMANIRBHAR’ Bharat Mission; Supply of Cable dredgers & Long reach excavators with Dredge pump and customised dredging solutions for Dams / Reservoirs /Lakes etc dredging /de-siltation works; and Supply of Indigenous spares for DCIL dredgers.

BEML is a Public Sector Undertaking for manufacture of Rail Coaches & Spare Parts and Mining Equipment.


Peers
Company Name CMP
BEML 2005.85
Action Const. Equip 1249.95
Sanghvi Movers 411.65
TIL 241.00
Brady & Morris Engg. 675.00
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