New Delhi: Maharatna PSU Bharat Heavy Electricals Limited (BHEL) has announced a Strategic Partnership Agreement (SPA) with HIMA Middle East FZE, to venture into railway signalling business. The partnership was announced on April 30th.
BHEL plans to expand its products by teaming up with HIMA Middle East FZE. It is known for supplying EMU/MEMU, traction motors, propulsion systems and transformers to Indian Railways. HIMA specialises in safety-related automation services for railways and industries. HIMA Middle East FZE in Dubai is a part of HIMA Paul Hildebrandt GmbH, based in Germany.
In a company filing, BHEL said, “The partnership with HIMA will further enhance BHEL’s offerings to Indian Railways.”
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