BEML secures Rs 31.77 bn contract for Bangalore Metro expansion

10 Aug 2023 CW Team

BEML, a well-regarded corporation, has clinched a substantial contract valued at around Rs 31.77 billion from the Bangalore Metro Rail Corporation (BMRCL). This pivotal agreement revolves around the fabrication of 318 fresh metro coaches, aimed at augmenting the expansion of Bangalore Metro's Phase 2 (73.92 km), Phase 2A (18.23 km), and Phase 2B (37 km).

The contract's significance goes beyond the mere manufacturing of metro coaches; it encompasses an all-encompassing maintenance arrangement spanning 15 years. This underlines BEML's unwavering dedication to furnishing dependable and efficient metro services to the denizens of the city.

These coaches are slated to be integrated into Package 5RS-DM, forming 6-car trains along two major routes: the 21 km Pink Line (Reach 6) and the 56 km Blue Line (comprising ORR Line & Airport Line).

The journey leading to this contract was a meticulous bidding process. Initiated in September 2022, it culminated in the unveiling of technical bids in February 2023, followed by the unveiling of financial bids in May 2023. Amid the competing entities, BEML emerged triumphant as the lowest bidder, securing the contract with a competitive bid of Rs 31.76 billion.

The scope of this contract encompasses diverse critical facets, encompassing design, manufacturing, supply, installation, testing, and commissioning of the 318 standard gauge metro cars. Additionally, BEML has been entrusted with the responsibility of imparting training to metro operations personnel for a 15-year span.

It's noteworthy that the financial backing for this venture is facilitated by the Japan International Cooperation Agency (JICA). In March 2021, the government of India and JICA inked a loan agreement totalling Rs 37.17 billion. This funding aims to facilitate the acquisition of vital systems, including rolling stock, platform screen doors, and CBTC signalling.

Infrastructure Transport

10 Jul 2026

Uttar Pradesh unveils infrastructure-led growth roadmap at RAHSTA

Mumbai, 9 July 2026: Uttar Pradesh’s ambitious infrastructure-led growth strategy took centre stage on Day 2 of the 16th RAHSTA Expo, where senior government officials outlined how expressways, industrial corridors and technology-driven governance are transforming the state into one of India's most attractive investment destinations.Delivering the keynote address, Srihari Pratap Shahi, IAS, Additional Chief Executive Officer, Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), highlighted the state's long-term vision of integrating world-class expressways with industrial dev..

NCW closes PRIME Offices Fund at Rs 40 billion

Nuvama and Cushman & Wakefield Management (NCW) has announced the final close of its flagship PRIME Offices Fund at approximately Rs 40 billion, exceeding its original target of Rs 30 billion following strong investor demand.The fund was launched to provide Indian investors with access to institutional-grade commercial office assets across key office markets in the country. According to NCW, the increase in the fund size was supported by strong investor participation and the availability of investment opportunities in India's office sector.The fund has already committed around 45 per cent ..

Mayfair Housing adopts Autodesk Forma for digital project planning

Mayfair Housing has entered into a three-year strategic partnership with Autodesk to deploy Autodesk Forma, an AI-enabled cloud platform, as part of its digital transformation programme aimed at improving project planning and execution across its development and redevelopment portfolio.The platform will be integrated into the company's Building Information Modelling (BIM) workflow to support architects, planners and project teams during the early stages of design and development. Autodesk Forma combines real-world data, environmental simulations and collaborative workflows to facilitate data-d..