Deals7 Jun 2024, 02:46 pm
GRSE Becomes Lowest Bidder for Rs. 500 Crores Research Vessel Construction
AI Summary
Garden Reach Shipbuilders & Engineers Ltd has been declared the lowest bidder (L1) for the construction of a Research Vessel for Defence Research and Development Organisation (DRDO). The estimated order value is approximately Rs. 500 crores. The contract is currently under negotiation and has not been signed yet.
Key Highlights
- GRSE becomes L1 for a Rs. 500 crores Research Vessel construction for DRDO
- The contract is currently under negotiation and has not been signed yet