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Reliance Defence emerges L1 bidder in Indian Coast Guard project

Thursday, 22 Sep 2016
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Reliance Defence & Engineering (RDEL) has emerged as the lowest bidder for building 14 fast-patrol vessels for Indian Coast Guard, valued at Rs 920 crore.

Goa Shipyard was the L2 bidder while L&T was the L3 bidder. The vessels will be designed in-house and built by the company at its Pipavav Shipyard.

RDEL is hopeful of signing the contract soon.

The fast patrol vessels are primarily designed for patrolling anti-smuggling and anti-terrorist operations, fisheries protection, and search and rescue. Besides, these vessels support the Navy during wartime as a coastal convoy escort and a communication link.

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