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.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
