Navy

Mazagon Dock Shipbuilders may implement Multi-Billion-$ P-75 (I) Submarine programme

2_img18618084640

The Defence Ministry is likely to finalise in the next few days the broad contours of Indian Navy’s ambitious project to build six advanced submarines under the multi-billion P-75 (I) programme.

Sources said that the state-run Mazagon Dock Shipbuilders Ltd (MDL) is likely to be given the responsibility to implement the project as against the government’s earlier indication that private shipbuilders would be involved in constructing the submarines.

A meeting of the Defence Acquisition Council (DAC), defence ministry’s highest decision-making body on procurement, is likely to deliberate extensively on the submarine project in the next few days, the sources said.

The government is seriously considering involving MDL in the nearly USD 8 billion project, they said.

Last year, the ministry had given indications that the six submarines would be built under the strategic partnership model with the involvement of private players.

The strategic partnership model was unveiled in May last year under which select private firms are to be roped in to build military platforms such as submarines and fighter jets in India in partnership with foreign entities.

Six Scorpene-class submarines are currently being built under ‘Project 75’ of the Indian Navy. The submarines, designed by French firm Naval Group, are being built by the Mazagon Dock Limited in Mumbai.

The project P-75 (I) will be a follow-on for Project 75.

By : NDTV

Advertisements

Categories: Navy

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s