Insta
Indian Navy, Coast Guard To Get Big Infusion Of Warships, Crafts As MoD Approves Rs 15,000 Crore Acquisition
Fast Patrol Vessel ICGS Rajshree (Representative Image) (Ministry of Defence/Wikimedia Commons)
The Ministry of Defence on Monday (1 July) issued four shipbuilding requests for proposal (RFPs) amounting to Rs 15,000 crore for the acquisition of warships and craft for the Navy and the Coast Guard.
"While the RFP for 6 Next Generation Missile Vessels (NGMVs) has been issued to seven shipyards, RFPs for 8 Fast Patrol Vessels (FPVs), 12 Air Cushion Vehicles (ACVs) and 8 Missile-cum-Ammunition Barges have been issued to shortlisted Indian shipyards," the ministry said in a statement.
The RFP for ACVs, commonly known as hovercrafts, also includes the initial requirement for six of these vessels of the Indian Army, reports ANI.
"In addition to the above, few more RFPs for more shipbuilding projects are likely to be issued in the next few months," the ministry said.
The ministry along with the Navy and the Coast Guard undertook an exercise to encourage participation by a large number of Indian shipyards and to make the qualification process of shipyards more objective.
This led to the rationalisation of guidelines for the capacity assessment of shipyards that have been promulgated recently. Rationalisation and promulgation of financial selection criteria have paved the way for issue of RFPs for a large number of shipbuilding projects that have been pending, it said.
"In a significant move to encourage smaller shipyards, participation in the projects with the anticipated annual outflow of less than Rs 75 crore has been restricted to smaller shipyards having an average annual turnover less than Rs 500 crore," the ministry said.
Support Swarajya's 50 Ground Reports Project & Sponsor A Story
Every general election Swarajya does a 50 ground reports project.
Aimed only at serious readers and those who appreciate the nuances of political undercurrents, the project provides a sense of India's electoral landscape. As you know, these reports are produced after considerable investment of travel, time and effort on the ground.
This time too we've kicked off the project in style and have covered over 30 constituencies already. If you're someone who appreciates such work and have enjoyed our coverage please consider sponsoring a ground report for just Rs 2999 to Rs 19,999 - it goes a long way in helping us produce more quality reportage.
You can also back this project by becoming a subscriber for as little as Rs 999 - so do click on this links and choose a plan that suits you and back us.
Click below to contribute.
Latest
