MOU
BEML enters dredging business
BANGLORE. BEML Limited, has signed a MoU with Dredging Corporation of India Ltd for indigenous design, development and manufacture of spares for dredgers. The MoU was signed by Shri P Dwarakanath, CMD, BEML and Shri Rajesh Tripathi, CMD, DCI Ltd. in the presence of Shri Nitin Gadkari, Minister for Road Transport and Highways and Shipping and Rajive Kumar, Secretary, Ministry of Shipping.
This move will be strengthening the "Make in India" initiative by Government,
This MoU is for supply of various type of spares for the existing Dredgers and also supply of Backhoe Excavators for new Dredgers. Spares include heavy fabricated and machined components and hydraulic aggregates. By leveraging the infrastructure and technology base developed for Mining & Construction Machinery, BEML has entered into Dredging Business.
Read Also : KABIL inks MoU with CSIR-NGRI for advancing geophysical investigations in critical and strategic minerals sector
News Must Read
- SJVN Limited inaugurates India's first Multi-purpose Green Hydrogen Pilot Project
- KRDCL, RVNL JV emerges as the Lowest Bidder for Redevelopment of Thiruvananthapuram Central Railway Station
- REC Ltd. has incorporated subsidiary company BPTL
- Hon’ble Vice President of India Confers `Outstanding PSU of the Year’ Award on HAL
- BharatPe Launches India’s first All-in-One Payment Device
- NBCC registers historical Performance in FY2023-24
- RuPay Unveils Link it, Forget it Campaign at IPL 2024 to Promote RuPay Credit Card on UPI
- NTPC Green Energy Limited Inks MoU with Indus Towers Limited
- CIL’s capex up 6.5% to highest Rs.19,840 Crores in FY 2024
- SCOPE presents SCOPE PREMIER LEAGUE