BEML Limited (NSE: BEML, BSE: 500048) announced that it has been awarded a significant contract by Chennai Metro Rail Limited. The contract, valued at approximately ₹3,658 crore, involves the design, manufacture, supply, testing, commissioning, and maintenance of standard gauge metro rolling stock (Electrical Multiple Units) and depot machinery and plant.
The contract also includes a comprehensive maintenance agreement for a period of 15 years and the training of personnel. This major order marks another step in BEML’s continued focus on expanding its metro rail and urban transportation portfolio.
BEML confirmed that this development is part of its routine business operations, further strengthening its leadership in the metro rail segment.
Disclaimer: This news report is based on company disclosures and is for informational purposes only. Investors are advised to consult their financial advisors before making any investment decisions.
