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Thursday, January 30, 2014

Navy finalising Rs 250cr contract to salvage INS Sindhurakshak

INS SindhurakshakThe Navy is close to finalising a contract expected to cost over Rs 250 crore for salvaging submarine INS Sindhurakshak, which sank in Mumbai harbour six months ago after an explosion in its torpedo section.

The file regarding the contract for salvaging the vessel has been sent to the Defence Ministry and it is expected to be sanctioned by it very soon, Navy officials said today.

Navy's Russian-built INS Sindhurakshak submarine had sunk on August 14 last year in its harbour after an explosion in its torpedo section killing all the 18 personnel on board and its salvaging would help the Navy to complete its inquiry into the reasons behind the incident.

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