L&T Gets Rs.1,432 Cr Contract To Design , Construct 7 OPVs Of Indian Coast Guard
31 March, New Delhi
Larsen and Toubro (L&T) Tuesday said it has won a contract valued at Rs 1,432 crore by the Ministry of Defence for the design and construction of seven Offshore Patrol Vessels (OPVs) for the Indian Coast Guard (ICG).
The contract is part of the Government’s initiative to strengthen India’s coastal security, company said in a statement.
OPVs under the project are long range surface ships ,capable of operation in maritime zones of India, including island territories with helicopter operational capabilities, it said.
The OPVs help in coastal and offshore patrolling, policing maritime zones of India, control and surveillance, anti-smuggling and anti-piracy with limited wartime roles, it said.
In keeping with Government’s ‘Make in India’ focus, complete design and engineering of OPVs is planned to be undertaken in house at L&T’s warship design centre, it said. The first OPV under the project is scheduled to be delivered within 36 months from signing of the contract, it said.