The Navy’s Maritime Capability Perspective Plan (MCPP) offers ample opportunities to all shipyards to compete for various types of vessels. In an exclusive interaction, RAdm LV Sarat Babu, CMD of Hindustan Shipyard Ltd, shares details of the yard with Huma Siddiqui. Following are excerpts:
What is the current status of the yard’s order book?
The current Order book status of Hindustan Shipyard Limited (HSL) needs further improvement since we do not have adequate orders to optimally exploit the installed capacity of the Yard. Apart from the ongoing projects which include the Fleet Support Vessel (FSV) and 10 T Tugs for Indian Navy, the Shipyard has recently signed contracts worth about Rs 2000 crore for construction of two Diving Support Vessels (DSV) and Rs 250 crore for construction of four 50 T Bollard Pull Tugs.
The Shipyard is also engaged in submarine retrofit and refit of ships from Indian Navy, Indian Coast Guard, DCI, the Fisheries department and those from private companies. Read More