Reliance Defence and Engineering Ltd (RDEL) has signed a Rs. 916 crore contract with the Defence Ministry for the design and construction of 14 fast patrol vessels for the Indian Coast Guard.

RDEL is a wholly-owned arm of Reliance Infrastructure Ltd (RInfra).

RDEL emerged the winner through a competitive bidding process undertaken by the Ministry of Defence with participation from almost all the private sector and public sector shipyards, namely, L&T, Cochin Shipyard Ltd, Goa Shipyard Ltd and Garden Reach Shipbuilders & Engineers Ltd (GRSE), the company said in a statement.

This is the first time a private sector shipyard has been awarded a contract to design and build such class of ships for the Indian armed forces. RDEL will be developing the design in-house, it said.

here is company details.

 

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