Business

Bel: BEL bags orders worth Rs 2,759 cr

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BENGALURU: Defence PSU Bharat Electronics Limited (BEL), headquartered in Bengaluru, on Friday said it has received orders worth Rs 2,673 crore.
Giving a break-up of the orders, BEL said in a statement: “Orders were received from Goa Shipyard Limited (Value: Rs 1,701 crore) and Garden Reach Shipbuilders & Engineers (Value: Rs.972 crore) for supply of 14 types of sensors for use on Next Generation Offshore Patrol Vessels (NGOPV).”
This will have the participation of electronics and associated industries including MSMEs, which are sub-vendors of BEL, the PSU said. “The company has also received additional orders worth Rs 86.15 crore since the last disclosure on December 15, 2023, and the said orders pertain to miscellaneous Spares & Services. With the above, BEL has bagged cumulative orders of worth Rs 25,935.15 crore till now in the current financial year,” BEL added.


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