MOU

BEML signs MoU with DMRCL

  • by Psu Connect
  • Date: 21-02-23

BEML Limited, a leading manufacturer of indigenous Metro Rolling Stock in India and a schedule ‘A’ company under Ministry of Defence, 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.

BEML signs MoU with DMRCL
BEML signs MoU with DMRCL led SPV

NEW DELHI- BEML Limited, a leading manufacturer of indigenous Metro Rolling Stock in India and a schedule ‘A’ company under Ministry of Defence, 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 Limited (formerly Bharat Earth Movers Limited) operates under three major Business verticals viz., Defence & Aerospace, Mining & Construction, and Rail & Metro. The three verticals are serviced by nine manufacturing units located at Bangalore, Kolar Gold Fields (KGF), Mysore and Palakkad. 

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