New Delhi: Garden Reach Shipbuilders & Engineers Ltd (GRSE) announced that it has received a Letter of Intent from the Naval Physical & Oceanographic Laboratory (NPOL), part of the Ministry of Defence’s DRDO. This pertains to the design, development, and construction of an Acoustic Research Ship (ARS).
GRSE has received letters of Intent for the award of the contract for the design, development, construction, integration of equipment, testing, certification, commissioning, and supply of one Acoustic Research Ship from NPOL, Ministry of Defence DRDO.
The contract, valued at approximately ₹491 crores, encompasses equipment integration, testing, certification, and the commissioning of the ship. The project is expected to be completed within 36 months from the contract signing.
Earlier in October, GRSE also received two letters of acceptance for contracts related to the design, construction, operation, and maintenance of hybrid electric ferries under the West Bengal government’s WBIWTLSD Project. This involves the design and construction of 100 non-AC hybrid electric ferries and 200 twin-deck hybrid electric ferries with AC on the main deck for cross-ferry operations.
Additionally, GRSE has signed a contract for the construction and delivery of one of four additional multi-purpose vessels with a capacity of 7,500 DWT. This agreement was made with Carsten Rehder Schiffsmakler and Reederei GmbH & Co KG from Germany, following an ‘option agreement’ for the procurement of four more multi-purpose vessels from Garden Reach Shipbuilders, as stated in the company’s stock exchange announcement.
Raksha Anirveda's editorial desk team brings in the collective experience of creative professionals - a fine mix of senior copy editors, writers, proofreaders and designers. Working as a team, they continuously create, manage, and curate content to sustain the magazine's profile and reputation in line with market trends and achieve magazine's goal.
