Pipavav Shipyard signs protocol with Russian firm

Pipavav Shipyard has signed protocol with Rosoboron Export, a Russian government arm for defence co-operation with foreign governments.

According to an exchange announcement, the Protocol is for four additional numbers of Stealth Frigate under Russian collaboration at the yard of the company. The Russians have delivered three Stealth Frigates for India and balance four are under construction at Russian yard.

This protocol will help the company to develop state of art technology to build frontline warships on a cost-effective time-bound basis. The company is the first private sector shipyard in India post-independence to be approved for building of warships.

The protocol also covers the mid-life updates, dry docking, repairs & modernisation of submarines of Russian origin in use by the Indian Navy.