 "Illustration: Ajay Mohanty")
Serious drawbacks were highlighted last week in the defence ministry’s so-called Strategic Partner (SP) model of procurement, when five Indian entities submitted Expressions of Interest (EoI) for being the SP in Project 75-I — the plan to build six conventional submarines for an estimated Rs 45,000 crore. There were two responses from the private sector — Larsen & Toubro (L&T) and Reliance Naval and Engineering (RNaval). Another two came from defence public sector shipyards — Mazagon Dock Ltd, Mumbai (MDL) and Hindustan Shipyard Ltd, Visakhapatnam (HSL). A fifth response came from a proposed special purpose vehicle (SPV) between HSL and
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