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Mumbai, April 21, 2006 (Sources)
Indias premier
Public Sector, Bharat Earth Movers Ltd (BEML)
has bagged $18.1 billion orders from ministry
of defence for various ground support high-mobility
vehicles. A large part of the supplies would be
made in financial year 2006-07 and the rest would
be carry-forwarded to the year 2007-08, BEML informed
the Bombay Stock Exchange (BSE).
BEML would supply
high mobility applications, heavy recovery vehicles
and special purpose vehicles for Pinaka Project,
trailers and engineering mine ploughs for breaching
minefields.
The company has
got a total carry-forward order book position
including defence equipments of $5.79 billion.
The company had earlier developed and taken up
several projects including mines scattered laying
vehicle, medium and light armored recovery vehicle,
field artillery tractors and ammunition loader
vehicles for the Indian Defence services. BEML's
shares were trading at 4.44 per cent at BSE.
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