1. Indian Navy’s Rs 1010 cr vessel contract bagged by Hindustan Shipyard; L&T puts in highest bid

Indian Navy’s Rs 1010 cr vessel contract bagged by Hindustan Shipyard; L&T puts in highest bid

State-owned Hindustan Shipyard (HSL) has emerged as the lowest bidder for two Indian Navy’s diving support vessels (DSVs) contract at Rs 1,010 crore.

By: | New Delhi | Published: September 16, 2017 5:31 AM
Hindustan Shipyard, hsl, Hindustan Shipyard indian navy contract, indian navy contract Hindustan Shipyard The design and construction are to be of catamaran type of a proven design either existing in service or supported by model testing to prove the efficacy of design.

State-owned Hindustan Shipyard (HSL) has emerged as the lowest bidder for two Indian Navy’s diving support vessels (DSVs) contract at Rs 1,010 crore. “For the 3,000-tonne diving support vessels (DSV), HSL beat L&T which quoted Rs 1,584 crore — the highest bid,” sources told FE. The bids were opened in New Delhi on Tuesday. Goa Shipyard with a bid price of Rs 1,086 and Cochin Shipyard (Rs 1,188 crore) were two others in the contract race. The design and construction are to be of catamaran type of a proven design either existing in service or supported by model testing to prove the efficacy of design.

Sources, however, said, “Since there is no indigenous design available in India, the company will have to seek help from a ‘reputed design house’ from either Europe or Russia.” The vessels would need twin diesel engines which will have to be procured from global companies.

In 2015, the defence ministry had released a request for information (RFI) for the construction and delivery of five self-propelled DSV for the Indian Navy. The diving support vessel has to be capable of fully supporting operational/training dives in harbours and coastal waters. The vessel will have an expected life of 20 years, with an annual usage of approx 800 hours. The vessel’s main and auxiliary machinery should permit continuous mission time of 48 hours.

The vessel should be a MARPOL-compliant vessel designed for world-wide bottom survey and sub-sea operations in both deep waters and shallow waters, including coastal ones. Also, it should be able to operate under Indian tropical ambient conditions.

In an earlier interaction with FE, RAdm L V Sarat Babu, (Retd), chairman & managing Director of HSL, had said “capacity utilisation of the Yard is less than 50% while the breakeven order value for yard capacity should be around Rs 5,000 crore. We presently have a residual order book position of only Rs 383 crore. Therefore, there is an urgent need to load the yard with adequate orders so that Shipyard’s capacity can be optimally utilised.”

The shipyard is focused on the domestic shipbuilding requirements. However, the yard has the capacity and capability to construct and export the following categories of vessels: Bulk carriers; general cargo cum multi-purpose vessels; survey and mooring vessels; training ships; inshore & offshore patrol vessel; passenger/ferry ships; tugs for the defence sector and various ports

  1. S
    Sony
    Sep 19, 2017 at 11:08 am
    Wrong - Unverified Details in the news. The Design is Indigenous Design from a reputed Indian Ship Designer - Vik-Sandvik Design India
    Reply

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