Reliance Infrastructure Limited (RInfra) promoted Reliance Defence and Engineering Limited (RDEL) has bagged a contract worth Rs 916 crore from Ministry of Defence (MOD), Government of India, for design and construction of fourteen fast patrol vessels (FPVs) for Indian Coast Guard.
FPV’s are medium range, high speed vessels; it is primarily utilised for patrol within exclusive economic zone (EEZ), costal patrol, anti-smuggling, antipiracy, search & rescue operations. It also supports front line warships in the hour of need.
This is the first time, a private sector shipyard has been awarded a contract to design and build such class of ships