BEML bags Bangalore Metro order

Image
BS Reporter Bangalore
Last Updated : Jan 25 2013 | 2:49 AM IST

Public sector firm BEML has got railway equipment and component orders of over Rs 4,000 crore, company chairman and managing director V R S Natarajan said today.

The first order worth Rs 1,672.50 crore from the Bangalore Metro Rail Corporation (BMRC) is for the supply of 150 metro coaches, including spares, for Phase I of the project by October 2010. BEML is expecting an additional order for 63 metro coaches for further expansion and extension of proposed metro lines in Bangalore city. 

The rolling stock order will comprise 50 train sets of three cars each and will be implemented by a consortium comprising BEML, Rotem and Mitsubishi, Natarajan said. Additional orders for the Bangalore Metro in the coming months, depending on requirements, are expected to involve supply of 30 coaches for Rs 300 crore, and at a later point, a Rs 600-crore order for another 63 coaches.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 10 2009 | 1:00 AM IST

Next Story