BEML signs MoU with Delhi Metro Rail Corporation

21 Feb 2023 Evaluate

BEML has signed a Memorandum of Understanding (MoU) with Delhi Metro Rail Corporation (DMRC) led SPV, who have been shortlisted for constructing the Bahrain Metro Rail Project Phase-1.

As a part of this MoU, BEML will be responsible for manufacturing and supply of Metro Rolling Stock and DMRC will provide expertise in the fields of project development, budgeting and facilitating of contractual obligations. The MoU will allow BEML to leverage its manufacturing expertise and technologies to optimize business operations for urban transportation Metro Rolling Stock and expand on a global level.

BEML a leading mining and construction equipment manufacturer has designed and developed indigenously over 40 products through its R&D, and are not only working in India but also in 65 countries around the world.

BEML Share Price

4040.05 -35.45 (-0.87%)
23-Dec-2024 10:04 View Price Chart
Peers
Company Name CMP
BEML 4040.05
Action Const. Equip 1476.05
Sanghvi Movers 307.00
Brady & Morris Engg 1703.95
TIL 304.00
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