Bangalore, July 10 (ANI): The Bharat Earth Movers Limited (BEML) is all set to manufacture indigenously designed low-cost metro railway coaches for Mass Rapid Transport Systems (MRTS) in the cities.
Talking to reporters here on Thursday, V R S Natarajan, Chairman and Managing Director of BEML said, " The BEML has furnished a turnkey proposal to the central government to facilitate the execution of supplying the low-cost rakes to the two and three tier cities where the metro railway network is envisaged."
"Each of the rakes is estimated to cost rupees six crores," he added.
He further said that these indigenously designed coaches would be manufactured using aluminium and stainless steel which will be cost effective.
With successful metro rail operations in Kolkata and New Delhi, BEML hopes to extract more potential from this sector making it successful in other cities as well.
BEML has launched a wide range of innovative transport modes such as stainless steel wagons, water sprinklers for mines, snow cutters and aircraft towing tractors.
BEML is also working on a rupees 500 crore project for the Indian defence industry. (ANI)