Defense Ministry inks Rs 16.14 bn deal for next-gen coast guard vessels
DEFENSE

Defense Ministry inks Rs 16.14 bn deal for next-gen coast guard vessels

The defence ministry finalised a Rs 16.14 billion agreement with Mazagon Dockyard Shipbuilders for the acquisition of six next-generation offshore patrol vessels destined for the Indian Coast Guard (ICG). This contract falls under the Buy (Indian-IDDM) category. Of the six vessels slated for procurement, four will replace aging OPVs in service, while the remaining two will enhance the overall capability of the ICG.

This procurement of significant ICG assets aims to strengthen the maritime security focus of the Centre and elevate the ICG's operational prowess. The cutting-edge and technologically advanced ships will play a pivotal role in augmenting the ICG's capabilities, encompassing surveillance, law enforcement, search and rescue missions, maritime pollution response, and humanitarian assistance, as highlighted in a statement by the ministry.

Measuring 115 meters, these OPVs will feature various state-of-the-art elements, including multipurpose drones, AI capabilities, and wirelessly controlled remote water rescue craft lifebuoys. These additions will provide the ICG with increased flexibility and operational advantages, allowing it to effectively address the challenges posed by contemporary multidimensional threats.

The Mazagon Dockyard Shipbuilders, based in Mumbai, will be responsible for the indigenous design, development, and manufacturing of these modern vessels. The delivery of these state-of-the-art ships is expected within a six-year timeframe, contributing to the ongoing efforts to fortify India's maritime security infrastructure.

The defence ministry finalised a Rs 16.14 billion agreement with Mazagon Dockyard Shipbuilders for the acquisition of six next-generation offshore patrol vessels destined for the Indian Coast Guard (ICG). This contract falls under the Buy (Indian-IDDM) category. Of the six vessels slated for procurement, four will replace aging OPVs in service, while the remaining two will enhance the overall capability of the ICG. This procurement of significant ICG assets aims to strengthen the maritime security focus of the Centre and elevate the ICG's operational prowess. The cutting-edge and technologically advanced ships will play a pivotal role in augmenting the ICG's capabilities, encompassing surveillance, law enforcement, search and rescue missions, maritime pollution response, and humanitarian assistance, as highlighted in a statement by the ministry. Measuring 115 meters, these OPVs will feature various state-of-the-art elements, including multipurpose drones, AI capabilities, and wirelessly controlled remote water rescue craft lifebuoys. These additions will provide the ICG with increased flexibility and operational advantages, allowing it to effectively address the challenges posed by contemporary multidimensional threats. The Mazagon Dockyard Shipbuilders, based in Mumbai, will be responsible for the indigenous design, development, and manufacturing of these modern vessels. The delivery of these state-of-the-art ships is expected within a six-year timeframe, contributing to the ongoing efforts to fortify India's maritime security infrastructure.

Next Story
Infrastructure Energy

Coal India Pledges Rs 10 Bn to Talcher Fertilisers JV

Coal India Ltd (CIL) will invest Rs 1,067 crore in Talcher Fertilizers Ltd by subscribing to shares via a rights issue. Talcher Fertilizers, a joint venture with GAIL (India), RCF, and FCIL, is reviving an old FCIL facility with a coal gasification-based urea plant in Odisha.CIL will acquire over 106 crore equity shares as part of the transaction expected to conclude by July 9. The Talcher project, India’s first of its kind, aims to produce 12.7 lakh tonnes of urea annually.Despite delays from the COVID-19 pandemic affecting contractor Wuhuan Engineering, the project has reached 65.66% compl..

Next Story
Infrastructure Transport

TN Offers Up to Rs 2.57 Cr/Acre for Parandur Airport Land

To accelerate land acquisition for the Rs 20,000 crore Parandur greenfield airport near Chennai, the Tamil Nadu government has fixed land compensation rates ranging from Rs 35 lakh to Rs 2.57 crore per acre. These rates significantly exceed the guideline values in Kancheepuram and Sriperumbudur taluks, with a flat rate offered for 1,960.63 acres.The move, sanctioned by a Government Order from Secretary V Arun Roy, includes 275% of the negotiable guideline value and a 25% incentive. It aims to fast-track acquisition and reduce resistance from landowners protesting the project.For lands with hig..

Next Story
Infrastructure Transport

India’s Maha Kumbh of Road Construction

The RAHSTA Forum 2025, held on June 25 at Courtyard by Marriott, Mumbai, delivered powerful insights and dialogue on the future of India’s roads and highways sector. Organised by the FIRST Construction Council, the Forum served as the curtain-raiser to the much-anticipated RAHSTA Expo 2025, set to take place on 3rd and 4th September at the Jio Convention Centre, Mumbai.Union Minister of Roads Transport & Highways Shri Nitin Gadkari, while appreciating the efforts of FIRST Construction Council and ASAPP Info Global Group, commended the awards which recognise excellence across various..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?