BEML sings MoU with SAIL for supply of earth moving equipment
Public sector construction equipment company Bharat Earth Movers Ltd today signed a memorandum of understanding with country's largest steel producer Steel Authority of India Limited for supply of earth moving equipment and spares.
As per the agreement, SAIL shall purchase a total of 261 mining equipment worth Rs 477 crore over a period of next three years, an official release said.
The equipment envisaged under the agreement are dumpers, dozers, motor graders, high end hydraulic excavators and tyre handlers, it said.
In addition, the agreement also provides for the maintenance contract of the fleet of equipment valuing to approximately Rs 300 crore that are to be supplied.
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