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Government Signs Rs 19,600 Crore Deal To Get 17 Next Generation Vessels

Government Signs Rs 19,600 Crore Deal To Get 17 Next Generation Vessels

NDTV
Friday, March 31, 2023 01:55:48 AM UTC

Of the 11 ships, seven will be indigenously designed, developed and manufactured by the Goa Shipyard Ltd (GSL) and four by the Garden Reach Shipbuilders and Engineers (GRSE), Kolkata, the ministry said in a statement.

In line with the government's vision of 'Aatmanirbhar Bharat', the Ministry of Defence on Thursday signed contracts with Indian shipyards for acquisition of 11 next generation offshore patrol vessels and six next generation missile vessels at a cost of nearly Rs 19,600 crore, officials said.

Of the 11 ships, seven will be indigenously designed, developed and manufactured by the Goa Shipyard Ltd (GSL) and four by the Garden Reach Shipbuilders and Engineers (GRSE), Kolkata, the ministry said in a statement.

The delivery of the ships is scheduled to commence from September 2026, it said.

"In a huge boost to achieve 'Aatmanirbharta' in defence, Ministry of Defence, on March 30, 2023, signed contracts with Indian shipyards for acquisition of 11 Next Generation Offshore Patrol Vessels and six Next Generation Missile Vessels at an overall cost of approx. Rs 19,600 crore," the statement said.

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