New Delhi: Garden Reach Shipbuilders & Engineers Limited (GRSE) has signed a significant contract with the Bangladesh Inland Waterways Transport Authority (BIWTA), to build a Trailing Suction Hopper Dredger for the government of Bangladesh. The contract, valued at $16.6 million, was signed on June 2, in Dhaka, Bangladesh in the presence of GRSE's Director (Shipbuilding) Cdr. Shantanu Bose, IN (Retd.), representatives from BIWTA, and senior officials from both GRSE and BIWTA.
"This agreement marks another milestone in GRSE's ongoing commitment to fostering international cooperation and delivering high-quality maritime solutions," GRSE said in an official statement.
According to GRSE, it will supply a state-of-the-art Trailing Suction Hopper Dredger (TSHD) with a hopper capacity of 1000 cubic meters. The 58.70 M long TSHD with a speed of 10 knots will feature Azimuth Thruster propulsion, ensuring superior performance and manoeuvrability. With its ability to operate in Sea State 2 and navigate through Sea State 4, the vessel shall guarantee resilience and adaptability in diverse marine conditions.
GRSE's consistent success in international markets is a testament to its expertise and reliability in shipbuilding and related services. The shipyard is currently executing an order to build six Patrol Boats for the Sustainable Coastal and Marine Fisheries Project under the Department of Fisheries, Government of Bangladesh. The company has previously delivered various vessels to friendly foreign countries, including Mauritius, Seychelles, and Guyana, and has been a trusted exporter of prefabricated steel bridges to countries like Nepal, Bhutan, Myanmar, and Sri Lanka.
With modernized infrastructure and the adoption of advanced technologies, GRSE is well-equipped to meet the global demand for sophisticated maritime vessels and support the 'Atmanirbhar' initiative by achieving high levels of indigenous content in its ships. This contract with BIWTA underscores GRSE's strategic focus on expanding its footprint in international markets and its dedication to contributing to the maritime strength and economic development of friendly nations.
(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)