EDB takes over from EBRD to provide $24.3 million guarantee for delivery of 77 BelAZ dump trucks to India
<p> MINSK, Apr 23 - PrimePress. The Eurasian Development Bank (EDB) has signed an agreement to provide guarantees worth $24.3 million securing the obligations Belarus’ BelAZ truck maker (Zhodino, Minsk Oblast) under the contract for the supply and maintenance of 77 dump trucks with 150-tonne payload capacity for the Indian company Coal India Limited, the EDB press service said in a statement. </p> <p> </p> <p> The guarantees secure BelAZ’s obligation to maintain the performance of the delivered trucks for a period of eight years. Previously, the European Bank for Reconstruction and Development (EBRD) acted as guarantor under this agreement. </p> <p> </p> <p> The Belarusian Automobile Plant (BelAZ) was set up in 1948. It is one of the world’s largest producers of automobiles for open cast mines and building significant hydroengineering objects. </p> <p> </p> <p> The company assembles over 200 models of mine trucks with the carrying capacity ranging from 30 to 450 tons, special machines (front loaders, wheel bulldozers, wheel vehicles for metallurgic companies, aircraft haulers, irrigative machinery, automobile dump semitrailers, and consumer goods). </p> <p> Engines for rock handlers are supplied by foreign companies such as Cummins (USA) and Deutz (Germany), less powerful ones are bought from Yaroslavl Automobile Plant and Ural Motor Plant (Russia). </p> <p> </p> <p> The annual output equals 800-900 items. BelAZ produces heavy-duty trucks for open-cast mining in South-East Asia, the Middle East and Eastern Europe. The company controls one-third of the global market of dump trucks. The company’s traditional markets are Russia, Ukraine, and Kazakhstan. End </p>
2021-04-24
Primepress
EDB takes over from EBRD to provide $24.3 million guarantee for delivery of 77 BelAZ dump trucks to India
MINSK, Apr 23 - PrimePress. The Eurasian Development Bank (EDB) has signed an agreement to provide guarantees worth $24.3 million securing the obligations Belarus’ BelAZ truck maker (Zhodino, Minsk Oblast) under the contract for the supply and maintenance of 77 dump trucks with 150-tonne payload capacity for the Indian company Coal India Limited, the EDB press service said in a statement.
The guarantees secure BelAZ’s obligation to maintain the performance of the delivered trucks for a period of eight years. Previously, the European Bank for Reconstruction and Development (EBRD) acted as guarantor under this agreement.
The Belarusian Automobile Plant (BelAZ) was set up in 1948. It is one of the world’s largest producers of automobiles for open cast mines and building significant hydroengineering objects.
The company assembles over 200 models of mine trucks with the carrying capacity ranging from 30 to 450 tons, special machines (front loaders, wheel bulldozers, wheel vehicles for metallurgic companies, aircraft haulers, irrigative machinery, automobile dump semitrailers, and consumer goods).
Engines for rock handlers are supplied by foreign companies such as Cummins (USA) and Deutz (Germany), less powerful ones are bought from Yaroslavl Automobile Plant and Ural Motor Plant (Russia).
The annual output equals 800-900 items. BelAZ produces heavy-duty trucks for open-cast mining in South-East Asia, the Middle East and Eastern Europe. The company controls one-third of the global market of dump trucks. The company’s traditional markets are Russia, Ukraine, and Kazakhstan. End