BEL receives Rs 2118 Cr orders for supply of various naval equipment

The Defence Public Sector Undertaking (DPSU) Bharat Electronics Limited (BEL), a Navratna Company, under India’s Ministry of Defence received an order of Rs 2,118.57 Crore from Cochin Shipyard Limited for supply of various naval equipment.

These basically consists of Sensors, Weapon equipment, Fire Control systems and Communication equipment for six numbers of Next Generation Missile Vessels (NGMV), class of anti-surface warfare corvettes for Indian Navy.

To be noted that this project will have participation of Indian electronics and associated industries, including MSMEs, which are sub vendors of BEL.

The equipment manufactured by BEL are part of ‘Aatmanirbhar Bharat’ program.

The Company has also received additional orders worth Rs.886 Crore since the last disclosure on 25th August, 2023.

The said orders pertain to Upgrade of AFNET SATCOM N/W, Upgrade of Akash Missiles with RF Seeker, Inertial Navigation System and other equipment with accessories and spares etc.

With this BEL has in all received orders worth Rs.14,384 Crore till now in the financial year 2023-24.