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Reliance Defence inks contract with Ministry of Defence

Tuesday, 31 Jan 2017
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Reliance Defence and Engineering (RDEL) has inked a contract with the Ministry of Defence (MOD), government of India, for an amount of Rs 916 crore.

Under the contract, the company will design and construct 14 fast patrol vessels (FPVs) for the Indian Coast Guard. The company will develop the design in-house.

Reliance Defence emerged the winner through a competitive bidding process undertaken by MOD. It is the first private sector company to design and build FPVs for the Indian Armed Forces.

The fast patrol vessels are primarily used for patrol within an exclusive economic zone (EEZ), anti-smuggling, coastal patrol, anti-piracy, and search & rescue operations. These vessels also support the Navy during wartime.

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