BEML, HEC inks MoU for mining industry

India’s two leading Public-Sector Undertakings, BEML Limited and Heavy Engineering Corporation Limited (HEC) today signed an MoU to meet the growing requirements of the mining industry. Both the companies having synergy in its product profile will manufacture and supply products such as ‘Rope Shovels & Walking Draglines’ to cater to the needs of the Mining Industry.

Under this MoU, BEML & HEC will combine their rich experience and expertise in the field heavy engineering and mining machinery; jointly work for Manufacturing, Marketing, Supply, Erection & Commissioning and After-Sales-Service support for these mining products.

The MoU was signed in the presence of Anil Kumar Jha, Chairman & Managing Director, Coal India Limited (CIL), one of the most prestigious customers patronizing mining products of BEML & HEC over a period of time.

Signing the MoU, Deepak Kumar Hota, CMD, BEML Limited, said, “Considering the huge business prospects in the mining industry, especially in CIL, this is an opportunity to collaborate and synergise the strengths of both the organizations for producing equipment and spares for mining  sector and effectively utilize its infrastructure facilities.”

Avijit Ghosh, CMD, HEC Limited, said, “This will prove to be a land mark in joint collaboration between two public sector industries to serve for mining industry as well as the country.

During the CPSE conclave our honorable Prime Minister addresses the PSU’s to work together and nurture each other’s strength. This is one step forward towards it.”