Bangalore Metro Rail Corporation places an order with BEML for a supply of rolling stock for Rs 3,177 crore

On August 7, Bharat Earth Movers Limited (BEML) announced that it has secured a substantial rolling stock order valued at Rs 3,177 crore from Bangalore Rail Corporation Limited. As part of this agreement, BEML will also undertake the maintenance of 318 coaches for a duration of 15 years.

In an official filing with the exchange, BEML, headquartered in Bengaluru, conveyed, "BEML has officially received the Letter of Acceptance from Bangalore Metro Rail Corporation for the execution of rolling stock contract 5RS-DM, valued at Rs 3,177 crore."

During May 2023, BEML emerged as the preferred bidder to provide 318 coaches for the upcoming Phase 2, Phase 2A, and Phase 2B segments of the Bengaluru Metro. However, the issuance of the Letter of Acceptance by BMRCL to BEML faced delays.

As per the terms of the contract, BEML will not only supply the coaches but also assume responsibility for their maintenance over a span of 15 years. This marks a significant departure for BMRCL, as this maintenance provision is included for the first time in a rolling stock tender.

The distribution of these coaches is outlined as follows: 126 coaches allocated for Phase 2B (Blue Line: spanning 37 km from KR Puram to Kempegowda International Airport), 96 coaches designated for the Blue Line (stretching 18.2 km from Central Silk Board to KR Puram), and another 96 coaches designated for the Pink Line (extending 21.3 km from Kalena Agrahara to Nagawara). The Pink Line is anticipated to become operational by 2025, whereas the Blue Line (ORR-KIA Metro corridor) is projected to be operational by 2025-2026.

Content source: Media reports