Wednesday, March 4, 2009

BEML inks strategic pact with Indonesian company

State run Bharat Earth Movers (BEML), a leading mining and construction equipment manufacturing company has inked a pact with Indonesia based Sumber Mitra Jaya to bid for upcoming contract mining business.

The consortium approach includes agreement for investments in contract mining wherein 30% of the investment will be made by BEML and 70% by the Indonesian company.

No comments: