With the Ministry of Defence deciding to bail out
cash-strapped Hindustan Shipyard Limited, the largest yard on the East
Coast is expected to have orders worth over Rs.25,000 crore by year-end.
Two
Strategic Operations Vehicles (mini submarines) worth Rs.6,000 crore,
two Landing Platform Docks, each costing Rs.4,000 crore, and five Fleet
Support Ships/Tankers valued at Rs.10,000 crore are at various stages of
consideration.
“Once we get the awards, it will make
the yard into a beehive of activity helping us overcome the worst-ever
financial problems,” HSL CMD Rear Admiral N.K. Mishra told
The Hindu
on Sunday.
The HSL has already formed a consortium
with MIDHANI and BHEL to strengthen its claim for construction of six
futuristic submarines.
thehindu
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