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| Exchange Disseminated Time | BEML Ltd has informed BSE regarding a Press Release dated December 19, 2011 titled "BEML Bags Rs. 318 Crore Jaipur Metro Orders".
Press release:
"BEML LIMITED, the Public Sector Mini Ratna Company under the Ministry of Defence manufacturing Metro Cars, has bagged the prestigious Jaipur Metro Order valuing to Rs.318 Crores. By this Order, BEML will manufacture, supply, test and commission 10 train sets of 4 -Car each, totaling 40 Cars to Jaipur Metro Project. It is anticipated that another Rs. 60 Crore worth Order may be forthcoming for Jaipur Metro.
BEML is the supplier of Metro Cars to Delhi Metro Rail Corporation Ltd., (DMRCL) and Bangalore Metro Rail Corporation Ltd., (BMRCL) and now Jaipur Metro. BEML has also, by virtue of its domain expertise in the manufacture of Metro Cars, has indigenously designed, developed and supplied Intermediate Metro Cars to Delhi Metro to replace the existing 4-Car sets to 6-Car sets and thereby enhance the Passenger-carrying capacity. Besides, BEML is in the process of designing and developing Affordable Metro Cars to suit the upcoming Metro Projects for Tier-II cities.
As its major business verticals, BEML is manufacturing and supplying equipment to Defence 86 Aerospace, Rail & Metro and Mining & Construction sectors. Besides, BEML is also into the business of e-Engineering, Trading and Dredging. Having an Order Book of over Rs.6,000 Crore, BEML is set to achieve a turnover of Rs. 4,300 Crore for the current Financial Year and to achieve Rs.5,000 Crore in 2013-14 to coincide with Company's Golden Jubliee Year." |
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