New Delhi: Garden Reach Shipbuilders & Engineers Ltd. (GRSE) has signed a contract with Oil and Natural Gas Corporation Limited (ONGC) to build four hybrid Platform Supply Vessels (PSVs), expanding the shipbuilder’s presence in the specialised offshore support vessel segment.
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The contract follows the Notification of Award received by GRSE on July 30, 2026. The project marks an addition to the shipyard’s commercial shipbuilding portfolio and will support ONGC’s offshore exploration and production operations.
The contract has been signed by Cdr Shantanu Bose, IN (Retd), Director (Shipbuilding), GRSE, and Ratnesh Kumar, Executive Director (Strategy), ONGC. Satyen Kumar, Director (Technical), ONGC, Bhaskar Chowdary Nettem, Director (Production), ONGC, and senior officials from both organisations were present at the signing ceremony.
Each vessel will have an overall length of approximately 80 metres, a beam of 20 metres and a deadweight capacity of 3,000 tonnes. The vessels will feature a clear deck area of around 650 square metres and an endurance of 45+3 days. They will be designed and built in accordance with the rules of the Indian Register of Shipping (IRS).
The vessels will be equipped with a hybrid propulsion system comprising electrically driven azimuth thrusters and a lithium-ion battery energy storage system. The battery system will support peak load management, spinning reserve, dynamic positioning operations and emergency response functions.
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The hybrid configuration is aimed at improving operational efficiency while reducing the environmental impact of vessel operations. The vessels will undertake offshore logistics and support functions required for ONGC’s exploration and production activities.
The contract represents a further step in GRSE’s efforts to diversify its order portfolio and extend its shipbuilding capabilities to the commercial maritime and offshore energy sectors, alongside its established defence shipbuilding business.
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