Deals24 Jan 2024, 09:57 pm
Mazagon Dock Shipbuilders Ltd signs contract with Ministry of Defence for construction of 14 fast patrol vessels for Indian Coast Guard
AI Summary
Mazagon Dock Shipbuilders Limited (MDL) has signed a contract with Acquisition Wing of Ministry of Defence for construction and delivery of 14 fast patrol vessels for Indian Coast Guard (ICG) on 24th January, 2024. The contract is worth INR 1070 Cr and is to be executed within 24 months, with subsequent vessels to be delivered at intervals of three months.,
Key Highlights
- MDL signs contract with Ministry of Defence for construction of 14 fast patrol vessels for Indian Coast Guard
- Contract worth INR 1070 Cr
- Delivery to be executed within 24 months with subsequent vessels to be delivered at intervals of three months