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Pipavav bags Rs 2,600-cr Navy deal

Justin Joseph

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Pipavav bags Rs 2,600-cr Navy deal

AHMEDABAD: Pipavav Shipyard, the country’s largest ship-building facility in the private sector, has bagged a Rs 2,600-crore contract to build offshore patrol vessels for the Indian Navy. The shipyard located in Gujarat will be constructing about five such vessels, each with a displacement of about 2,000 tonne. With the Navy order in its kitty, the company’s order books have swelled to over Rs 7,000 crore.

“We have been declared as the lowest bidder by the ministry of defence (MoD) for contract to build off-shore patrol vessels (OPVs) for the Navy. This will be our maiden foray into building ships for the defence sector,” said Nikhil Gandhi, group chairman, SKIL Infrastructure, the original promoters of Pipavav Shipyard (PSL), a BSE-listed company.

“These vessels will be fitted with a 76 mm gun. They will be about 110 meters in length, will have a displacement of about 2,000 tonne and will have a maximum speed of 20 knots,” Mr Gandhi told ET on Friday.

Pipavav bags Rs 2,600-cr Navy deal-Shipping / Transport-Transportation-News By Industry-News-The Economic Times
 
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Its good to see private sector getting some large orders...:yahoo:
 
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Pipavav bags Rs 2,600-cr Navy deal

AHMEDABAD: Pipavav Shipyard, the country’s largest ship-building facility in the private sector, has bagged a Rs 2,600-crore contract to build offshore patrol vessels for the Indian Navy. The shipyard located in Gujarat will be constructing about five such vessels, each with a displacement of about 2,000 tonne. With the Navy order in its kitty, the company’s order books have swelled to over Rs 7,000 crore.

“We have been declared as the lowest bidder by the ministry of defence (MoD) for contract to build off-shore patrol vessels (OPVs) for the Navy. This will be our maiden foray into building ships for the defence sector,” said Nikhil Gandhi, group chairman, SKIL Infrastructure, the original promoters of Pipavav Shipyard (PSL), a BSE-listed company.

“These vessels will be fitted with a 76 mm gun. They will be about 110 meters in length, will have a displacement of about 2,000 tonne and will have a maximum speed of 20 knots,” Mr Gandhi told ET on Friday.

Pipavav bags Rs 2,600-cr Navy deal-Shipping / Transport-Transportation-News By Industry-News-The Economic Times

Is Pipavav taking this on itself or do they have a foreign collaboration for technical know how?
 
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Is Pipavav taking this on itself or do they have a foreign collaboration for technical know how?
Russia's Severnoye teams with Pipavav to compete for Indian NOPV
Russia's Severnoye Design Bureau has partnered with Indian shipyard Pipavav to compete for the Indian Navy's naval offshore patrol vessel (NOPV) programme. Vladimir Spiridopulo, general director of Severnoye, told Jane's on 24 June at the International Maritime and Defence Show in St Petersburg: "We are participating in the tender with Pipavav, a private Indian shipyard and we expect the announcement of the tender in December." Pipavav is a commercial shipbuilder located on the southwestern coast of Gujarat, which produces tankers, bulk carriers and offshore platforms with only limited naval construction experience
 
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If you go the website of this Shipyard, its looks very modern and large. We need more private players in here to release some load off the govt ship yards...
 
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