BEML receives order worth Rs 557 cr from Ministry of Defence

Capital Market 

BEML has received order from Ministry of Defence for supply of 1,512 Track Width Mine Plough (TWMP) for T-90 S/SK Tanks at an approximate cost of Rs. 557 crore.

Under 'Make in India' policy the contract has Buy and Make (Indian) categorisation with a minimum of 50 % indigenous content in make portion of the contract.

The system will be manufactured at BEML facilities with the help of Pearson Engineering, UK.

Out of 1,512 Mine plough BEML will supply 100 nos. within 12 months, 250 nos. in subsequent years and order will be completed within 7 years.

These mine ploughs will be fitted on T-90 Tanks of Indian Armoured Corps which will facilitate individual mobility to Tanks while negotiating mine fields. Mobility Page 2 of 2 of the Tank Fleet will enhance manifold, which in turn would extend the reach of Armoured Formation deep into enemy territory without becoming mine causality.

This De-mine equipment is time tested for different soil conditions in Indian desert and customized for Indian operations

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First Published: Tue, July 21 2020. 18:21 IST