BEML Signs MoU with Dredging Corporation of India
- Business & Finance
BEML LIMITED has signed a Memorandum of Understanding (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, Hon’ble Minister for Road Transport and Highways and Shipping and Shri Rajive Kumar, Secretary, Ministry of Shipping.
This MoU is for the 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 now entered into the dredging market.