Hindustan Shipyard Limited likely to get high-value orders

[Hindustani78]

Updated: August 18, 2015 05:46 IST
HSL likely to get high-value orders - The Hindu

With the Ministry of Defence deciding to bail out cash-strapped Hindustan Shipyard Limited, the largest yard on the East Coast is expected to have orders worth over Rs.25,000 crore by year-end.

Two Strategic Operations Vehicles (mini submarines) worth Rs.6,000 crore, two Landing Platform Docks, each costing Rs.4,000 crore, and five Fleet Support Ships/Tankers valued at Rs.10,000 crore are at various stages of consideration.

“Once we get the awards, it will make the yard into a beehive of activity helping us overcome the worst-ever financial problems,” HSL CMD Rear Admiral N.K. Mishra told The Hindu on Sunday.

The HSL has already formed a consortium with MIDHANI and BHEL to strengthen its claim for construction of six futuristic submarines.

The expected orders will help the company overcome the worst-ever financial problems

N.K. Mishra

CMD of HSL

 

[Hindustani78]

http://www.deccanherald.com/content/579632/dac-look-projects-military-modernisation.html
The Defence Ministry is likely to allow opening of the commercial bids for four Landing Platform Docks (LPDs) tomorrow, an over USD 3 billion project for which two Indian private shipyards are vying under the 'Make in India' initiative.


One of the key projects will be the one for LPDs. Larsen & Toubro (L&T) and Reliance Defence and Engineering Limited (RDEL), formerly the Pipavav, are gunning for it.

Only these two shipyards had cleared the financial and technical examination started last year.

A third vendor, ABG Shipyard, which has a tie up with a US firm, could not clear the financial examination.

L&T has a tie-up with Navantia of Spain, and RDEL with DCNS of France.

The Navy floated the tender in 2013 for production of four LPDs, and bids were sent to domestic shipyards, L&T, RDEL, and ABG Shipyard.

Under the programme, two LPDs will be built by a private shipyard, and then state-owned Hindustan Shipyard Limited will build the remaining two LPDs at the same cost.

However, sources said the DAC will also review the performance of HSL on Fleet Support Ship program where it has missed major milestones.

Whether HSL should be awarded two out of the four LPDs will also be part of this discussion, sources said.

 

[lilaspr]

I believe,

L&T has a tie-up with Navantia of Spain will offer = Juan Carlos I
Reliance Defence and Engineering Limited (RDEL) with DCNS of France = Mistral LHD (very likely, cause it is designed to accommodate Russian weapon system, As we all know Indian military loves Russian hardware)