The FICs delivered to the Coast Guard are 90-tonne vessels that
can patrol the coastline at a scorching speed of 45 knots
In an emphatic
statement of warship building capability in the private sector, Larsen
& Toubro’s Hazira shipyard handed over the last vessel in an order of
54 fast interceptor craft to the Coast Guard on Sunday — ahead of time and
within the budget.
With the four public
sector shipyards — Mazagon Dock, Mumbai; Garden Reach Shipbuilders &
Engineers, Kolkata; Goa Shipyard; and Hindustan Shipyard, Visakhapatnam —
invariably delivering warships years behind schedule and beyond budget, L&T
has staked a powerful claim to be considered for future shipbuilding orders.
The FICs delivered
to the Coast Guard are 90-tonne vessels that can patrol the coastline at a
scorching speed of 45 knots (83 kilometres per hour). L&T has built the 54
vessels for just under Rs 1,500 crore.
L&T is now
contending strongly for a number of naval contracts.
The biggest of
these, which will indicate how serious the defence ministry is about bringing
in the private sector into defence production, is for building six New
Generation Missile Vessels (NGMVs) for an estimated Rs 13,600 crore. Multiple
shipyards submitted bids in February in response to the navy’s Request for
Proposals (RfP).
Earlier this
month, L&T and other shipyards submitted bids for building three Cadet
Training Vessels — a contract worth an estimated Rs 2,700 crore.
In June, several
shipyards, including L&T, submitted bids in a contract, worth about Rs 700
crore, for two Multi-Purpose Vessels (MPVs) for the navy.
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