Published On:February 22 2023
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BEML Signs MoU with DMRC led SPV for Bahrain Metro.
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) on 20.02.2023 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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