Mazagon Dock Poised for Rs 700 Bn Submarine Project
DEFENSE

Mazagon Dock Poised for Rs 700 Bn Submarine Project

A technical oversight committee from the Ministry of Defence has found that only the joint bid from Mazagon Dock Shipbuilders Ltd (MDL) and ThyssenKrupp Marine Systems meets the eligibility criteria for the Rs 70,000 crore P75(I) submarine project. This project is designed to enhance the Indian Navy’s underwater capabilities.

In an exchange filing, MDL confirmed that its commercial bid for the P75(I) project has been opened for further processing. The company has already constructed and delivered five Scorpene-class submarines, with the sixth still to be delivered.

MDL remains optimistic about securing additional orders, as it anticipates contracts for three more submarines. The company also intends to retrofit the Air Independent Propulsion (AIP) system to extend the underwater endurance of conventional submarines, allowing them to remain submerged for up to three weeks.

The competing bid from Larsen & Toubro (L&T) and Spain’s Navantia did not meet the project’s criteria, according to reports. The Defence Acquisition Council (DAC), chaired by the Defence Minister, is set to decide on the final bidder soon.

The P75(I) project aims to construct six advanced submarines with AIP systems, a key element in enhancing India’s strategic presence in the Indo-Pacific region.

A technical oversight committee from the Ministry of Defence has found that only the joint bid from Mazagon Dock Shipbuilders Ltd (MDL) and ThyssenKrupp Marine Systems meets the eligibility criteria for the Rs 70,000 crore P75(I) submarine project. This project is designed to enhance the Indian Navy’s underwater capabilities. In an exchange filing, MDL confirmed that its commercial bid for the P75(I) project has been opened for further processing. The company has already constructed and delivered five Scorpene-class submarines, with the sixth still to be delivered. MDL remains optimistic about securing additional orders, as it anticipates contracts for three more submarines. The company also intends to retrofit the Air Independent Propulsion (AIP) system to extend the underwater endurance of conventional submarines, allowing them to remain submerged for up to three weeks. The competing bid from Larsen & Toubro (L&T) and Spain’s Navantia did not meet the project’s criteria, according to reports. The Defence Acquisition Council (DAC), chaired by the Defence Minister, is set to decide on the final bidder soon. The P75(I) project aims to construct six advanced submarines with AIP systems, a key element in enhancing India’s strategic presence in the Indo-Pacific region.

Next Story
Infrastructure Urban

India Spent Rs 1.5 Tn on Smart Cities in Past 10 Years

The Indian government launched the Smart Cities Mission on June 15, 2015, with the goal of transforming urban infrastructure across the country. As of April 11, 2025, ten years since its inception, over Rs 1.5 trillion has been spent on 7,504 completed projects, representing 94 per cent of the total planned projects valued at more than Rs 1.64 trillion. An additional Rs 131.42 billion worth of projects are currently under implementation. According to data from SBI Research, 92 per cent of the funds were utilised across 21 major states, with Uttar Pradesh, Tamil Nadu, and Maharashtra together ..

Next Story
Infrastructure Energy

Hyundai’s EcoGram Converts Gurugram’s Waste to Clean Energy

Hyundai’s EcoGram, a biogas plant and material recovery facility located in Gurugram, Haryana, has been established to support circular economy initiatives. The facility collects both wet and dry waste from 20 bulk waste generators, including residential welfare associations (RWAs), corporate offices, and commercial complexes, with assistance from the Municipal Corporation of Gurugram (MCG). At the facility, the collected waste undergoes processing—wet waste is converted into biogas, which is then used to generate electricity, while dry waste is sorted for recycling. Since its inception,..

Next Story
Infrastructure Transport

Metro Line 8 DPR Nears Completion; CIDCO to Float Rs 200 Bn Tenders

The City and Industrial Development Corporation (CIDCO) is nearing completion of the Detailed Project Report (DPR) for Metro Line 8, commonly known as the Gold Line. This strategic 34.9-kilometre corridor is set to link Mumbai’s Chhatrapati Shivaji Maharaj International Airport (CSMIA) with the upcoming Navi Mumbai International Airport (NMIA). Estimated to cost around Rs 200 billion, the project is being developed under the Public-Private Partnership (PPP) model. Once completed, Metro Line 8 will become Mumbai's second such corridor after Metro Line 1. CIDCO plans to float tenders once ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?