Deals30 Nov 2024, 09:03 pm
Cochin Shipyard Secures Rs.1,000 Crore Order from Ministry of Defence
AI Summary
Cochin Shipyard Ltd (CSL) has signed a contract with the Ministry of Defence (MoD), Government of India, for Short Refit and Dry Docking of a Large Indian Naval Vessel. The estimated contract value is above Rs.1,000 crore and the estimated duration for the project is around 5 months. The order does not involve any related party transactions and is a significant development for the company.
Key Highlights
- Cochin Shipyard Ltd has secured a contract worth over Rs.1,000 crore from the Ministry of Defence
- The contract is for Short Refit and Dry Docking of a Large Indian Naval Vessel
- The project is estimated to last for around 5 months
- The order does not involve any related party transactions
- This is a significant deal for Cochin Shipyard Ltd