GSI acquires Rs 600 cr vessel for ocean research

Research vessel, which was delivered last month by Hyundai Heavy Industries, South Korea, is equipped with latest technological instruments

Image
Press Trust of India New Delhi
Last Updated : Oct 04 2013 | 6:00 PM IST
The Geological Survey of India (GSI) has acquired a ship, Samudra Ratnakar, for about Rs 600 crore for undertaking deep-sea surveys and exploration of mineral assets lying under water.

The research vessel, which was delivered last month by Hyundai Heavy Industries, South Korea, is equipped with latest technological instruments and GSI has plans to keep about 50 scientists on board for data collection from the deep-sea, a senior GSI official said here.

"With the induction of Samudra Ratnakar, the GSI is embarking upon a new chapter in its history... For the first time, we will be entering into deep-sea waters for survey and exploration," the official further said.

The ship, having a capacity of 2,700 DWT, can sail continuously for about 45 days and is likely to be docked at Chennai port. For its operations, maintenance and management, the GSI has entered into an agreement with the Shipping Corporation of India.

"The research vessel, currently docked at the Kandla port, is expected to be dedicated to the nation by Mines Minister Dinsha Patel within next one or two weeks," he said.

Till now, GSI has surveyed more than 95 per cent of the 2,012 million sq km Exclusive Economic Zone (EEZ), including about 1,05,000 sq km of territorial waters (TW) of India.

The surveys have been done in the coastal waters of Arabian Sea, Bay of Bengal, Andaman-Nicobar and northern part of Indian Ocean through its fleet of three ships and vessels --R V Samudra Manthan, R V Samudra Kaustubh and R V Samudra Shaudhikama.

The research agency has conducted over 700 cruises to collect data on India's coastal waters and maintains a dedicated multidisciplinary marine wing, having offices in Mangalore, Chennai, Vishakhapatnam, Cochin, Kolkata, Gandhinagar and Bhubaneswar.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 04 2013 | 5:55 PM IST

Next Story