Titagarh Wagons delivers second research vessel - Sagar Anveshika to NIOT

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Capital Market
Last Updated : Sep 02 2019 | 4:04 PM IST
Titagarh Wagons has further reiterated its commitment towards the Government's vision of 'Make in India', by successfully launching the second Research Vessel - SAGAR ANVESHIKA. With this launch, Titagarh Wagons has become the only private shipyard to build and deliver complex vessels ahead of schedule.

SAGAR TARA, the first of the Coastal Research Vessels which was built for National Institute of Ocean Technology, Ministry of Earth Sciences, Govt. of India, was launched in December 2018 and has been delivered to NIOT in August 2019. SAGAR ANVESHIKA, the second vessel was launched, today, 4 months ahead of schedule despite being a very complex platform which will enable scientists to conduct various oceanographic research missions aboard her. 'SAGAR ANVESHIKA' will house state of the art laboratories equipped with modern scientific instruments.

In February 2017, Titagarh had signed a contract from National Institute of Ocean Technology under the Ministry of Earth Sciences, Government of India for design, construction and delivery of two high end coastal research vessels valued at Rs 100 crore.

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First Published: Sep 02 2019 | 3:48 PM IST

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