Ministry of Defence signs 583 cr contract with GSL for 2 PCV

24 Jun 2021 CW Team

The Ministry of Defence has signed a contract with Goa Shipyard Limited (GSL) for the construction of two pollution control vessels (PVC) for the Indian Coast Guard (ICG) at a worth of about Rs 583 crore.

Under Buy Indian - Indigenously designed, developed and manufactured ( Buy Indian - IDDM) the highest priority category for defence procurement these specialised role ships will be indigenous, designed, developed, and built by GSL.

The ministry told the media that the acquisition will significantly augment the capability of ICG to respond to oil spill disasters at sea and also enhance pollution response (PR) efficiency. These vessels are scheduled for delivery by November 2024 and May 2025 each.

ICG has three PCVs at present in its fleet at Mumbai, Visakhapatnam, and Porbandar to carry out dedicated pollution surveillance, oil spill monitoring, and Response operations in the Indian exclusive economic zone (EEZ) and around islands.

The new PCVs proposed are for pollution response requirements in the eastern and the ecologically sensitive Andaman & Nicobar Regions. The vessels will have many advanced features with modern PR equipment of niche technology for containing, recovering, and dispersing the marine oil spill, with the capability of operating helicopters onboard.

Image Source

Also read: Defence ministry to acquire 11 airport surveillance radars from Mahindra

Real Estate

26 Jun 2026

AGM Vijaylaxmi launches Sixty3 W.E. Bizpark

AGM Vijaylaxmi Group has launched Sixty3 W.E. Bizpark, a mixed-use commercial development in Goregaon East, Mumbai. The project includes contemporary office spaces and a high-street retail component designed to support businesses, retailers and professionals.Located along the Western Express Highway, Sixty3 W.E. Bizpark is planned as a G+25-storey commercial tower. It offers office spaces ranging from 545 sq ft to 3,200 sq ft, with a 3.60 metre floor-to-floor height aimed at improving spatial comfort, natural light and operational efficiency.The project features a high-street retail boulevard ..

Manglam Group to Develop Sheraton Hotel in Jaipur

Manglam Group has signed an agreement with Marriott International to develop a Sheraton hotel on the Jaipur–Ajmer Highway in Jaipur. The project will feature 220 keys and is being developed with an investment of around Rs 3.5 billion across more than 300,000 sq ft.The hotel marks Manglam Group’s third collaboration with Marriott International and forms part of its Rs 10 billion hospitality investment roadmap. The agreement was signed by Amrita Gupta, Director, Manglam Group and CEO, Manglam Spa and Resorts, and Rajeev Menon, President, Asia Pacific excluding Greater China, Marriott Interna..

India Warehousing Show 2026 opens at YashoBhoomi

India's warehousing, logistics, and supply chain ecosystem came together as the 15th edition of India Warehousing Show (IWS) 2026 opened at YashoBhoomi, India International Convention & Expo Centre (IICC), Dwarka, New Delhi on June 25 (Thursday). Organised by RX India, the three-day event will run from 25-27 June 2026, bringing together policymakers, industry leaders, technology providers, and supply chain professionals under one roof. It also features a two-day knowledge conference that will run alongside the exhibition. Inaugurated by Pankaj Kumar, Joint Secretary - Logistics, DPIIT..