BEML bags construction equipment orders worth Rs. 241 crores
New Delhi, July 15 : Bharat Earth Movers Limited (BEML), a Defence Public Sector Undertaking, the leading Mining and Construction Equipment Manufacturer in India and second largest in Asia, has bagged export supply orders for 93 equipments valued at Rs 158 crores from Pt. Fajar Bumi Sakti of Indonesia.
These equipments consist of Hydraulic Excavators, Rear Dump Trucks and Bull Dozers.
A pilot batch of eight equipments has been deployed at KPC Mines, one of the world's largest open cast coalmines in Indonesia. Additional supplies of equipment will be deployed at KPC Mines, Tengarong Mines and Tabang Mines of Indonesia.
BEML has also bagged another order from Far East Resources and Mining Co Pte Ltd, Singapore for supply of 34 equipment valued at Rs 49 crores for their coal mines at Tarakon, Indonesia.
In order to provide 24x7 after sales support to its customers and to maximize the order booking, BEML plans to establish a Sales Office cum Repair Facility and Spares Depot at Balikpapan in Indonesia within next three months.
The company has also bagged export orders worth Rs. 34.50 crores from two African countries. The orders comprise 35 equipments valuing Rs. 21.50 crores received from Tunisia and 18 equipments valuing Rs. 13 crores from Malawi.
The equipment ranges from Small Size Bull Dozers to Back Hoe Loaders, Wheel Loaders and Hydraulic Excavators.
BEML has established its presence in more than 52 countries and has been consistently focusing on the international business activities with major thrust on Asia Pacific, Middle East and African markets.
To increase its overseas market penetration, the company has set up its offices in China, Malaysia and Brazil.
BEML has Order Book of Rs 4000 crores. The company plans to achieve a sale of Rs 3600 crores during the current financial year.
ANI
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