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Reliance Defence bags Rs 916 crore contract from Indian Coast Guard

Reliance's shipyard has the largest dry-dock with expertise in modular construction technology

IANS  |  Mumbai 

Industrialist Anil Ambani-led Reliance Defence on Monday said it has signed a contract with the Ministry of Defence for the design and construction of 14 Fast Patrol Vessels for the Indian Coast Guard valued at Rs 916 crore, the company said on Monday. These ships are medium range, high speed vessels, and primarily used for patrol within the exclusive economic zone, costal surveillance, and anti-smuggling, anti-piracy, search and rescue operations. They also support front-line warships in the hour of need. Virtually all the private sector and public sector Shipyards had bid for ...

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First Published: Mon, January 30 2017. 12:20 IST
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