MoD signs contracts worth Rs 2580 Cr with BEML, TPCL & L&T

Acquisition Wing of Ministry of Defence (MoD) has signed a contract worth Rs 2580 Cr with M/s. Bharat Earth Movers Ltd. (BEML), M/s. Tata Power Company Ltd. (TPCL) and M/s. Larsen & Toubro (L&T). The contract has been signed for supply of six Pinaka Regiments to the Regiment of Artillery of the Indian Army and hence will enhance the operation preparedness of our Armed Forces.

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Induction of Six Pinaka Regiments which comprise 114 Launchers with Automated Gun Aiming & Positioning System (AGAPS); 45 Command Posts to be procured from M/s TPCL and M/s L&T and 330 Vehicles to be procured from M/s BEML, is planned to be completed by 2024. It will also provide further boost to the ‘Make in India’ initiative of Government of India in the Defence Sector.

Important takeaways for all competitive exams:

  • Union Minister of Defence: Raj Nath Singh.

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