2024-10-17
Question
Which company has been awarded a ₹867 crore contract for high-speed train sets in October 2024?
Answer & Solution
Answer: (Detailed Solution Below)
Option B: Bharat Earth Movers Limited (BEML)
Detailed Solution:
The correct answer is “Bharat Earth Movers Limited (BEML)”.
State-owned BEML (Bharat Earth Movers Limited) has been awarded a ₹867 crore contract by the Integral Coach Factory (ICF) in Chennai to design, manufacture, and commission two high-speed train sets. This will be the first time such work is done indigenously in India. The train sets will be produced at BEML's Bengaluru rail coach complex and are expected to be delivered by the end of 2026.