Press Trust of India / Mumbai Mar 06, 2009, 11:32 IST
Ship building firm Bharati Shipyard today said it has bagged a Rs 281-crore contract from the Ministry of Defence for supplying 15 interceptor boats for Indian coast guard.
These vessels are lightweight specialised high speed crafts used for patrolling and interception, Bharti Shipyard said in a filing to the Bombay Stock Exchange.
With this contract, the order book of Bharti Shipyard has crossed the Rs 5,000 crore mark and now stands at Rs 5,093 crore, the company further said.
The private sector firm designs and constructs various types of sea going, coastal harbour, inland crafts vessels and it currently owns five shipyards in the country.
Shares of Bharti Shipyard were trading at Rs 49 at BSE in morning trade, down by 0.41 per cent over the previous close.
Good move, Need to give more orders for private parties. We need more submarines / Destroyers,which we can try to involve more private company's which have high end tech like l & T and other company's in india / or joint production with other countries .
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