The MoU was signed by P Dwarakanath, CMD, BEML and Rajesh Tripathi, CMD, DCI in the presence of Transport Minister Nitin Gadkari and Shipping Secretary Rajive Kumar, BEML said in a filing to BSE.
The pact is for supply of various types of spares for the existing dredgers and also supply of backhole excavators for new dredgers. Spares include heavy fabricated and machined components and hydraulic aggregates, it said.
By leveraging the infrastructure and technology base developed for mining and construction machinery, BEML has entered into dredging business, it added.
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