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Mumbai (Maharashtra) [India], Feb 27 (ANI): Government-owned Bharat Earth Movers Limited (BEML) has bagged an order worth Rs 400 crore to expand Metro train services in Bengaluru.
Model Make Engine HP Blade Size (MM) Operation Weight D4-D CATERPILLAR 75 HP 3048 X 762 9 TON D6 CATERPILLAR 85 HP 3050 X 840 10 TON BD50 BEML 90 HP 3350 X 855 11 TON D41-E6 KOMATSU 105 HP 3045 X 1010 10.5 TON D7 CATERPILLAR 140 HP 3650 X 920 14 TON D8 CATERPILLAR 180 HP 4260 X 1080 20 TON BD80 BEML 180 HP 4260 X 1080 21.5 TON BD120 BEML 285 HP 4570 X 1220 27.5 TON BD155 BEML 324 HP 4850 X 1140 36 TON
CBI sources said they had demanded his removal and the government's action against him was an indication that his days of ruling BEML were over.
The move comes a few days after the Defence Ministry issued a show cause notice to the BEML Chief for slapping a defamation notice against Gen.
The new stream of business would generate for BEML an additional Rs 220 crore in revenue in the next two years.
According to sources, BEML has also proposed that the joint venture be named MAMC Industries Ltd.
BEML is investing INR1bn for a 48 percent share, while Coal India and Damodar Valley are sharing the remaining 52 percent share equally.
Natarajan's responsibilities have been given to P Dwarkanath, the senior most functional Director at BEML.
If he does not apologize, we may file a defamation suit against Gen V K Singh," BEML chairman and managing director V R S Natarajan had told reporters in Bangalore on June 2.
V K Singh," BEML chief VRS Natarajan told media here on Friday.