Sunday, June 21, 2009

DTN News: Indian Navy Seals Rs 45,000 Crore Deal For Seven Warships

DTN News: Indian Navy Seals Rs 45,000 Crore Deal For Seven Warships *Sources: DTN News / Int'l Media (NSI News Source Info) NEW DELHI, India - June 21, 2009: India has cleared its largest ever indigenous defence contract worth Rs 45,000 crore to manufacture seven advanced stealth frigates for the Navy at shipyards in Kolkata and Mumbai. The Shivalik class frigates are a class of multi-role stealth frigates being built for the Indian Navy. Currently under construction at Mazagon Dock under Project 17 (P17), they are the first stealth warships to have been built in India. The leading ship of the class, INS Shivalik is scheduled to be commissioned into Indian Navy service in 2009. The Shivalik class will be the main frigates of the Indian Navy in the first half of the 21st century. A total of 12 ships are planned to be built in varied batches, with the second batch of four frigates being planned.* The P17A warship project, which will be India’s most advanced and stealthy frigates, has been cleared by the Defence Acquisition Council (DAC) on Friday. Sources said that brushing aside a request by the Navy that two of the indigenously designed frigates may be manufactured abroad, the DAC has decided that all seven warships will be manufactured in India by the Mazagon Dock Limited, Mumbai (MDL) and the Garden Reach Shipbuilders and Engineers (GRSE), Kolkata. The Defence Ministry has allocated a budget of Rs 45,000 crore for the project and the work will be divided between the two shipyards. The P17A frigates will be even more advanced than the P17 Shivalik class warships that are currently being inducted by the Navy.

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