BEML receives Rs 648 cr order from Northern Coalfields

In a filing to the Bombay Stock Exchange, the firm informed that the order from Northern Coalfields is for the supply and servicing of 3 nos. 20 cum electric rope shovels.

MUMBAI: Bharat Earth Movers Ltd (BEML) on Wednesday said it has received a Rs 648-crore order from Northern Coalfields Ltd in Madhya Pradesh.

In a filing to the Bombay Stock Exchange, the firm informed that the order from Northern Coalfields is for the supply and servicing of 3 nos. 20 cum electric rope shovels.

The firm also said that it opened a marketing office cum warehouse at Johor Bharu in Malaysia on Tuesday.

The office would function as the regional global distribution centre for stocking and selling its spare parts and servicing equipments in South Asian region and Australia.

The office cum warehouse was opened in the presence of Deputy Minister of Domestic Trade and Consumer Affairs, Government of Malaysia and Y B, High Commissioner of India at Malaysia Dato Veerasingham alias Subbaiah, the filing added.

Shares of the firm closed at Rs 1495, down 0.21 per cent on the BSE.
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Business News › Industry › Ind'l Goods/Svs › Engineering › BEML receives Rs 648 cr order from Northern Coalfields
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