RDEL Is Now Reliance Naval

Image Credit : profit.ndtv.com

Reliance Qualifies To Be One Of The Two Private Sector Shipyard To Build Large And Tactical Programmes Of Indian Navy And Indian Cost Guard

Reliance Naval and Engineering Limited, controlled by Reliance Infrastructure Limited said on Fridaythat it has received the necessary approval for change of name of Reliance Defence and Engineering Limited to ‘Reliance Naval and Engineering Limited’ with effect from September 6, 2017.

“The change in name substantiates Company’s intensive efforts to concentrate on naval shipbuilding as a principal focus segment. It is the first Private Sector Company to build warship. The Company created history in July 2017 by tandem launching two Naval Offshore Patrol Vessels (NOPVs),”  said a statement from the company

Currently, with the best-in-class infrastructure facilities, Reliance is one of the two Private Sector Shipyards in India to undertake large and tactical programmes of Indian Navy and Indian Coast Guard viz. Indigenous Air Craft Carriers, Landing Platform Docks, Frigates and P75I submarines.

Reliance Infrastructure Limited through its subsidiaries is actively pursuing various defence businesses. It has formed Dassault Reliance Aerospace Limited (DRAL) to be key offset partner with Dassault Aviation for 36 Rafale Aircraft with an estimated off-set contract of more than Rs 30,000 crore. Reliance Infrastructure has also formed Reliance Rafael Defence Systems with Rafael Defence of Israel.

Reliance Naval and Engineering Limited

Reliance Naval and Engineering Limited (‘RNAVAL’) has a large ship building /repair infrastructure in India; it has one of the largest Dry Dock in the world. The Company is the first private sector company in India to obtain the licence and contract to build Naval Offshore Patrol Vessels (NOPVs) for Indian Navy. The shipyard has the only modular shipbuilding facility in India with a capacity to build fully fabricated and outfitted blocks. The fabrication facility spread over 2.1 million sq. ft has an annual capacity of 144,000 tons/year. 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 length of 780 meters.

Reliance Infrastructure Limited

Reliance Infrastructure Limited (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 about 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’s associate Reliance Naval and Engineering Limited, houses India’s largest dry dock facility to build warships and other naval vessels.

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