In one of the Largest Naval Order to Private Sector by Indian Coast Guard, Anil Ambani promoted Reliance Defence and Engineering Limited (RDEL) has emerged a winner in a competitive bidding process to build 14 Fast Patrol Vessels ( FPVs); contract value of Rs. 920 Crores.
The vessel will be designed in-house and built by RDEL at its Pipavav Shipyard. The Contract to build these 14 patrol vessels will be signed shortly, said a statement from Reliance Defence.
“RDEL emerged L1 wherein 6 bidders from Defence PSU Shipyards and Private Sector Shipyards participated… the L2 and L3 bidders were Goa Shipyard Limited (L2 bidder), L&T (L3 bidder),” the company said.
These Fast Patrol Vessel are Primarily designed for patrolling anti-smuggling and anti-terrorist operations, fisheries protection and search and rescue.
These are Critical vessel to support the Navy during wartime as a coastal convoy escort and a communication link.
Few weeks back, Defence Ministry cleared Reliance Defence and Engineering Ltd (RDEL) for defence projects after a financial and technical capability of the company’s shipyard was carried out in detail.
The Defence Acquisition Council (DAC) in its last meeting cleared the capacity assessment of RDEL, which is a big boost for the company after it was taken over by Anil Ambani led Reliance Group.
This makes RDEL eligible for participation in all defence projects particularly Naval Warships and Submarines