New Delhi: Reliance Defense and Engineering Ltd (RDEL) has marked Rs 916 crore contract with Defense Ministry for outline and development of 14 quick watch vessels for Indian Coast Guard.
RDEL is a completely possessed arm of Reliance Infrastructure Ltd (RInfra).
RDEL developed champ through a focused offering process attempted by Ministry of Defense with investment from all the private segment and open division shipyards specifically, L&T, Cochin Shipyard Ltd, Goa Shipyard Ltd, Garden Reach Shipbuilders and Engineers Ltd (GRSE), the organization said in an announcement.
This is the first run through a private part shipyard has been granted an agreement to plan and manufacture such class of boats for Indian Armed Forces. RDEL will build up the outline in-house, it said.
Quick Patrol Vessels (FPVs) are medium range, fast vessels; they are essentially used for watch inside Exclusive Economic Zone (EEZ), waterfront watch, hostile to sneaking, against theft, pursuit and save operations. They likewise bolster forefront warships in the hour of need.
Dependence Shipyard, with the biggest dry-dock of the nation, has effectively aced the piece development system through one of a kind ‘particular development innovation’ for building huge boats for both business utilization and Navy, the announcement said.
The shipyard, with cutting edge innovation, forms and gifted labor, is all around ready to convey any class of vessel in a most ideal time span.