Bengaluru-based BEML Ltd, which is a public sector enterprise under the Ministry of Defence, has emerged as the lowest bidder for supplying 318 coaches (rolling stock) to the Bangalore Metro Rail Corporation Ltd (BMRCL).
The bids were opened on Friday, paving the way for financial evaluation. In all, four bidders had participated in the tender that was called in September last year.
Multiple sources confirmed that BEML Ltd was the lowest bidder, but the prices quoted by four different firms, including Alstom Transport India, CAF and Titagarh Wagons, are not immediately known.
