Bangalore Metro: BEML bags contract related to Pink line
BEML Ltd has bagged a contract from Bangalore Metro Rail Corporation Ltd. (BMRCL) for the procurement of an additional 7 train-sets of 6 coaches for the Pink Line (Reach-6) of the 73.92 km Bangalore Metro Phase 2 project.
The contract is worth Rs 405 crore and involves a 42-coach contract for the 21.38 km Pink Line (Kalena Agrahara – Nagawara). As per updates, the procurement is being funded by the Japan International Cooperation Agency (JICA) with whom the Government of India signed a Rs. 3,717 crore loan agreement in March 2021.