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BEML inks pact with Universal MEP Projects and Engineering Services

07 Sep 2026 Evaluate

BEML has entered into a strategic MoU with Universal MEP Projects and Engineering Services (UMPESL), a wholly owned subsidiary of Voltas to jointly pursue productivity-driven Fleet Management Contracts across India's coalfields.  The partnership combines the company's OEM (Original Equipment Manufacturer) expertise in heavy mining equipment with UMPESL's extensive capabilities in field service, maintenance and fleet management. 

The collaboration will focus on comprehensive operation and maintenance (O&M) projects, particularly for Coal India and its subsidiaries, covering the company's range of bull dozers, excavators, loaders, dumpers and surface miners. Under the proposed operating model, the company will serve as the principal bidder, providing equipment, genuine spares, OEM-level technical support and training, while UMPESL will lead site operations with skilled manpower, mobile service infrastructure, tools and performance monitoring, supporting DGMS-compliant safety practices.

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

BEML Share Price

2105.90 8.10 (0.39%)
08-Sep-2026 16:01 View Price Chart
Peers
Company Name CMP
BEML 2105.90
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