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BEML & NFM Technologies form agreement to manufacture TBMs in India Print E-mail
Written by Ganesh   
Friday, 20 March 2009

BEML set to enter Tunnel Boring Machines Business

Bangalore : BEML LIMITED, a Mini-Ratna Public Sector Company under the Ministry of Defence, has signed a Memorandum of Agreement with NFM Technologies, France for the manufacture of Tunnel Boring Machines (TBMs) in India. BEML will take up the project at its Kolar Gold Fields (KGF) Plant. With this, BEML will be the very first Company in India for the manufacturing of Tunnel Boring Machines.

NFM Technologies is the second largest manufacturer of Tunnel Boring Machines in the World.

Both BEML and NFM will explore and exploit the opportunities for supplying TBMs to various projects in India and ASEAN countries.

Mr M Poongavanam, Director Mining & Construction - BEML Ltd and Mr Anand Menon, Southeast Asia Manager - NFM TECHNOLOGIES France exchanged copies of the MoA.

According to official sources, initially a 30 per cent localization is expected with BEML manufacturing major components at its KGF plant, while power packs, drive systems and other critical components will be supplied by NFM Technologies, France.

The on-going Bangalore Metro and the upcoming Metro projects of Chennai, Kolkata, Mumbai, etc., would provide a promising market for the TBMs manufactured by BEML. The TBMs will also be used in making canals for Irrigation projects and hydroelectric projects.

The experience of NFM as Tunnel Boring Machine designer and supplier and the capabilities of BEML as large machinery manufacturer will go hand-in-hand for the success of the new venture of BEML.

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