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Friday, April 17, 2015

Def Committee Report on shipyards for P75-I Project this month

Scorpene class SSKThe high-level committee of the Defence Ministry, which will identify shipyards capable of building country's next six conventional submarines under a Rs 50,000-crore scheme, will submit its report by this month end.

Besides the state-run shipyards, private players like Larsen & Toubro (L&T) and Pipavav Defence & Offshore Engineering Company, in which Anil Ambani-led Reliance has announced to pick up a controlling stake, is eyeing the mega deal.

The Committee has visited all the shipyards in the country and will submit its report by April end, Vice Admiral A V Subhedar said.

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