Defence Industry

ABG Shipyard bags Rs. 485 crore order from the Ministry of Defence
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Issue Net Edition | Date : 12 Dec , 2012

ABG Shipyard Limited, country’s largest private ship building company has bagged a repeat order from the Ministry of Defence for building an additional cadet training vessel for the Indian Navy. This prestigious contract is worth about Rs. 485 crore.

Vessel specifications: The vessel will be approximately 110 meters in length with the capacity to carry a light helicopter. Designed to achieve a maximum speed of 20 knots, the vessel will be used to provide basic training to the Naval Cadets and trainees in activities such as disaster relief, search and rescue operations.

Till date ABG Shipyard has delivered more than 160 vessels worldwide.

Commenting on the order Mr. Dhanajay Datar – Whole-Time Director and Chief Financial Officer of ABG Group said, “This repeat order reinforces the Ministry of Defence’s confidence in us. We are honoured that the government has recognised our shipbuilding skills and given us the chance to service the country once again”

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