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BEML has entered into a quadripartite Memorandum of Understanding (MoU) with M/s Andhra Pradesh Maritime Board (APMB), M/s Delhi metro Rail Corporation (DMRC) and M/s Umeandus Technologies India (UTIPL) on November 14, 2025 at partnership summit 2025, Vishakhapatnam.

The MoU parties have formed an alliance covering the areas of Real Time Automatic Cargo Evacuation System (e-FTS, Enhance Freight Transport System) wherein APMB is the client and DMRC (Lead member), BEML & UTIPL are execution partners for development of pilot project for Real Time Automatic Cargo Evacuation System (e-FTS, Enhance Freight Transport System) at Machilipatnam Port.

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


Peers
Company Name CMP
BEML 1940.85
Action Const. Equip 1130.55
Sanghvi Movers 401.50
TIL 243.60
Brady & Morris Engg. 670.80
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