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BEML bags LoI worth $60 million

This is the first ever overseas order secured by the company for supply of metro rolling stock

BEML has received a letter of intent (LoI) for design, manufacture, supply, testing, and commissioning of standard gauge metro rolling stock for African region. The order comprises of stainless-steel standard gauge metro rolling stock valuing of around $60 million. This is the first ever overseas order secured by the company for supply of metro rolling stock.

BEML is a Public Sector Undertaking for manufacture of Rail Coaches & Spare Parts and Mining Equipment.