KOLKATA: Garden Reach Shipbuilders & Engineers Limited ( GRSE ) and India’s defence ministry signed a contract on Monday for construction and supply of eight anti-submarine warfare shallow water crafts (ASWSWCs) for Indian Navy The order value for these eight vessels is pegged at Rs 6311.32 crore. The first ship is to be delivered within 42 months from contract signing date and subsequent balance ships delivery schedule will be two ships per year. The project will have to completed within 84 months from date of signing the contract.GRSE is currently handling major projects including building 3 stealth frigates for Indian Navy under P17A project, ASW Corvettes for Indian Navy, LCUs for Indian Navy, 4 survey vessels (large) for Indian Navy, FPVs for Indian Coast Guard etc. They can also be deployed for search and rescue by day and night in coastal areas. The warships will conform to latest MARPOL (Marine Pollution) Standards of the International Maritime Organization and Safety of Life at Sea.The design and construction of these ships at GRSE is another significant milestone in the ‘Make In India’ initiative of the government of India.

Source: Economic Times April 29, 2019 12:56 UTC