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| Exchange Disseminated Time | BEML Ltd has informed BSE regarding a Press Release dated August 02, 2011 titled "BEML Forays Into Thailand For Export of Mining Equipments.
Press Release:
"BEML LTD, a multi technology, multi product and multi location Indian Company has been offering world class quality products for the diverse sectors of the economy such as Mining, Construction, Road Building, Aviation, DEFENCE, Metro and Railways. BEML has emerged as the fore runner of heavy engineering Industry with a track record of growth for over four decades and currently having revenue of US$ 800 million. BEML has shipped its products to over 55 countries and has operations in Malaysia, Brazil, Indonesia and China.
Now, as part of its export strategy, BEML has launched its products in Thailand by appointing PARAGON MACHINERY LTD as its distributor for Thailand. With this business association, PARAGON COMPANY LTD will market the range of BEML products like Dump trucks, Excavators, Loaders, Motor Graders, Dozers etc. all over Thailand and neighbouring Nations like MYANAMAR, LAOS, CAMBODIA etc.
Sri. V R S Natarajan, Chairman & Managing Director BEML Ltd handed over 21 nos. of 100 tonne dump trucks to EGAT (Electricity Generating Authority of Thailand) a Lignite and power producing Company, at a ceremony organized at FREE ZONE, BANGKOK on August 02, 2011 in the presence of Dy. Governor EGAT and His Excellency the Ambassador of India to Thailand. The 21 nos. of dump trucks entail 10 years maintenance contract, making the total contract worth of Rs120 crores. EGAT will deploy these trucks in their Lignite mines whose output is used for captive power generation plant of EGAT.
The dealership award ceremony was held at hotel SIAN KEPENSKI, BANGKOK on the evening of August 02, 2011. The glittering event was held in the presence of the Dy. Governor of EGAT, his Excellency, the Ambassador of India to Thailand, Mr. Perapong Managing Director of PARAGON MACHINERY COMPANY LTD and Sri V RS Natarajan! Chairman & Managing Director of BEML LIMITED. The dealership launch was attended by many Industrialists, officials and prospective customers." |
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