BEML wins order worth Rs 185 crore from NCL
BEML, makers of earthmoving and other heavy industrial equipment, has won an order worth Rs 185 crore for supply of largest Walking Dragline from Northern Coalfields (NCL).
The company stated in a communiqué that the bucket capacity of the Dragline will be 33 Cubic Metre, which will be the largest Dragline to be manufactured for the first time in India. The equipment will be manufactured at company’s plant at Kolar Gold Fields.
The length of erection and commissioning will be 18 months, which will be completed by July 2011.
The stock of company closed today at Rs 1023, up 4% compared to its previous close.