Reliance Defence Signs Contract For 14 Fast Patrol Vessels (FPV) For Indian Coast Guard At Rs 916 Crore


In a significant move, Reliance Defence and Engineering Ltd. (RDEL) on Monday announced signing a contract with Ministry of Defence to build 14 Fast Patrol Vessels (FPVs) for Indian Coast Guard, valued at Rs. 916 Crores.

In a statement, RDEL said it is the first private sector company to build FPVs for the Ministry of Defence. “This is the first time, a Private Sector Shipyard has been awarded a contract to design and build such class of ships for Indian Armed Forces. RDEL will be developing the design in-house,” it said.

 

RDEL is a wholly owned subsidiary of Reliance Infrastructure Limited (RInfra). RDEL emerged winner through a competitive bidding process undertaken by MOD, Govt. of India with participation from almost all the Private Sector and Public Sector Shipyards namely, L&T, Cochin Shipyard Limited (CSL), Goa Shipyard Limited (GSL), Garden Reach
Shipbuilders & Engineers Ltd (GRSE).

FPV’s are medium range, high speed vessels; it is primarily utilized for patrol within Exclusive Economic Zone (‘EEZ’), coastal patrol, anti-smuggling, antipiracy, search & rescue operations.

It also supports front line warships in the hour of need. Reliance Shipyard with the largest dry-dock of the country has successfully mastered the block-construction technique through unique ‘modular construction technology’ for building large ships for both commercial usage and Navy. The Shipyard with state-of-the-art technology, processes and skilled man-power is well poised to deliver any class of vessel in a most optimum timeframe.

Reliance Defence and Engineering Limited
Reliance Infrastructure Limited (RInfra) owned Reliance Defence and Engineering Limited (‘RDEL’) has the largest engineering infrastructure in India and is one of the largest in the world. The Company is the first private sector company in India to obtain the licence and contract to build warships. The Shipyard houses the only modular shipbuilding facility with a capacity to build fully fabricated and outfitted blocks. The fabrication facility is spread over 2.1 million sq. ft. The shipyard has a pre-erection berth of 980 meters length and 40 meters width, and 2 Goliath cranes with combined lifting capacity of 1,200 tonnes, besides outfitting berth of 780 meters.

Reliance Infrastructure Limited
Reliance Infrastructure Ltd (RInfra) is one of the largest infrastructure companies, developing projects through various Special Purpose Vehicles (SPVs) in several high growth sectors such as Power, Roads and Metro Rail in the Infrastructure space and the Defence sector. RInfra is also a leading utility company having presence across the value chain of power businesses i.e. Generation, Transmission, Distribution and Power Trading. RInfra through its SPVs has executed a portfolio of infrastructure projects such as a metro rail project in Mumbai on build, own, operate and transfer (BOOT) basis and eleven road projects with total length of 1,000 kms on build, operate and transfer (BOT) basis.

RInfra also provides Engineering, Procurement and Construction (EPC) services for developing power and road projects. The Company has recently entered into the defence sector. The Maharashtra Government has allotted land at Mihan near Nagpur for development of India’s first smart city for the defence sector known as Dhirubhai Ambani Aerospace Park (DAAP). RInfra has recently completed acquisition of Reliance Defence and Engineering Ltd, which houses India’s largest dry dock facility to build warships and other naval vessels.

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