After Delhi, Bangalore, it will be Jaipur’s turn
Mining and rail coach major BEML Ltd. on Friday said that it was rolling out the first set of metro rail cars from its facilities this month for Jaipur Metro Rail Corporation.
BEML was contracted in 2011 to supply 40 metro cars — or 10 train sets of four cars each — for the Pink City at a cost of Rs. 318 crore.
The defence public enterprise also supplies rail cars for the Delhi and Bangalore metros.
BEML, which expects a higher than normal 35-plus per cent of its total turnover (Rs. 2,726 crore in 2011-12) from the rail and metro cars business, said that it was also supplying to the Delhi Metro Rail Corporation its new in-house product, the intermediate metro car. The new car would increase the capacity from a four-car train to a six-car train.
Delhi Metro has ordered 136 sets of intermediate cars valued at Rs. 925 crore. Of them, 54 cars have been delivered and 36 are in use, the company said.
“Opportunities look bright for BEML’s Metro business with Delhi and Bangalore metros coming out with new or capacity addition projects. BEML has also firmed up plans to enter into the track maintenance vehicles segment with a global manufacturer,” it said.
It expects orders from the Railways for additional 720 coaches and 36 stainless steel EMUs (electric multiple units) in addition to the existing orders in various car categories.
In the defence business, BEML said, it was firming up plans to make armoured recovery vehicles for the Army and exploring supply of components and aggregates for combat vehicles.
For years, BEML-assembled heavy duty Tatra off-road trucks have been a mainstay of its defence business. Last year, the company was in the eye of a storm and lost some defence business after the then Army chief alleged corruption in the supply of these trucks to the Army.
The CBI is investigating the allegation.
In its main business of mining and construction equipment, which is around 55 per cent of its turnover, BEML recently received orders worth Rs. 230 crore apart from orders worth Rs. 200 crore being executed this fiscal.
Vehicles and spares worth Rs. 175 crore have been exported this fiscal. To meet a growing demand for earthmoving equipment of higher capacity, BEML said that it had developed a 180-tonne excavator and a 150-tonne dump truck with electrical drive.