BEML Looking to Produce Underground Mining Equipment in Durgapur

State-owned Bharat Earth Movers Ltd. is looking to get into the manufacturing of underground mining equip. The defence public sector utility’s construction & mining vertical mostly manufactures open cast mining equipment. According to BR Viswanatha, Director, Mining and Construction, BEML, the plan is to use the now closed mining machinery facility of Mining and Allied Machinery Corporation (MAMC) in Durgapur for manufacture of these equipments. The company has appointed SBICAP to conduct a feasibility study on the same. MAMC, which had gone into liquidation, was taken over by a consortium of CIL, DVC and BEML in 2010 for ₹100 Cr. BEML holds 48% stake, while DVC and CIL hold 26% stake each. “SBICAP is expected to come out with this report in the next two to three months. Based on that, we will take a call,” Viswanatha told on the sidelines of the 7th Asian Mining Congress. This incidentally is not the first time that BEML has tried to make MAMC viable. Coal Mining Planning and Development Institute had earlier been entrusted to prepare a feasibility report for the closed MAMC unit. Nothing much came of it. “It is a huge facility. We had some plans earlier but it did not take off. We are hopeful that the report being prepared by SBICAP will come up with a viable plan,” he said. Apart from mining and construction, BEML or Bharat Earth Movers is also into rail and defence equipment manufacturing. It is also bullish on growing its order book this year.