Ministry of Defence signs contract with Cochin Shipyard Limited at a cost of Rs 313.42 cr file
Defence Watch

Ministry of Defence signs contract with Cochin Shipyard Limited at a cost of Rs 313.42 cr

The project marks a significant stride in the maintenance philosophy of the Indian Navy and repair capabilities of Cochin Shipyard Limited

PSU Watch Bureau

New Delhi: The Ministry of Defence signed a contract for Mid Life Upgrade and Re-Powering of INS Beas with Kochi-based Cochin Shipyard Limited (CSL) at an overall cost of Rs 313.42 crore, the release from the Ministry of Defence said.

The Ministry of Defence signed the contract on October 16.

The project will maintain the philosophy of the Indian Navy and repair capabilities of CSL

The transformative maiden re-powering project marks a significant stride in the maintenance philosophy of the Indian Navy and repair capabilities of CSL. The project would involve more than 50 MSMEs and would lead to generation of employment for more than 3500 personnel, the Ministry said in a release.

INS Beas is the first of Brahmaputra Class Frigate to be re-powered from Steam to Diesel Propulsion. After completion of Mid Life Upgrade and Re- Powering in 2026, INS Beas will join the active fleet of the Indian Navy with a modernized weapon suite and upgraded combat capability.

The project will be a proud flag bearer of Aatmanirbhar Bharat in consonance with the Make-in-India initiative of the Government of India, the release concluded.

(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.)

GAIL to invest Rs 3,800 crore in 700 MW solar power projects in UP and Maharashtra

L&T says another steam generator dispatched to NPCIL ahead of schedule

Vedanta Power Plant Blast: Death toll rises to 14; Cong demands judicial probe

Stock markets surge in early trade amid hopes of resumption of US-Iran peace talks

Trump dials Modi, both sides stress importance of 'open & secure' Strait of Hormuz