Business & Economy

BEML wins Rs 632 crore order from Army for Tatra variants

NetIndian News Network

Bangalore, March 19, 2010

Public sector defence equipment manufacturer BEML Limited today said it had bagged an order worth Rs 632 crore from the Ministry of Defence for the supply of BEML Tatra variants.

The order comprises supply of 498 8X8 vehicles, 278 6X6 vehicles without winch and 12 6X6 with winch.

These 788 vehicles have to be delivered to the Indian Army within a period of 18 months, the company said in a press release.

It said the Ministry had already made an advance payment of half the total amount involved, which works out to Rs 315.83 crore.

According to the release, BEML Tatra vehicles are manufactured with unique technology suitable for operations in all kinds of terrains.

The 8X8s are multi-terrain vehicles used for transportation of tanks as well as personnel. These are provided with a winch for self-recovery and leading of dead tanks onto the trailer.

The 6X6s have a capacity of 8000 kgs and can be used for towing trailers of upto 65,000 kgs on public roads and upto 16,000 kgs in terrain conditions. These vehicles are also provided with winch for self-recovery and recovery of other vehicles.

With this contracts, BEML's order book has crossed the Rs 5,800 crore mark. A Rs 3000 crore "mini-ratna" public sector company under the Ministry of Defence, BEML operates in three core businesses - mining and construction, rail and metro and defence and aerospace. The company hopes to touch a turnover of Rs 5000 crore in 2013-14, its Golden Jubilee year.