Anil Ambani-led Reliance Defence bags Rs 916-crore contract from Defence Ministry

Industrialist Anil Ambani-led Reliance Defence has bagged a contract worth Rs 916 crore from the Ministry of Defence for the design and construction of 14 Fast Patrol Vessels for the Indian Coast Guard, the company said on Monday.

Anil Ambani-led Reliance Defence bags Rs 916-crore contract from Defence Ministry

Industrialist Anil Ambani-led Reliance Defence has bagged a contract worth Rs 916 crore from the Ministry of Defence for the design and construction of 14 Fast Patrol Vessels for the Indian Coast Guard, the company said on Monday.

Many private sector and public sector Shipyards had bid for the project, including Larsen and Toubro, Cochin Shipyard, Goa Shipyard, and Garden Reach Shipbuilders and Engineers.


"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. Reliance Defence will be developing the design in-house," a regulatory filing by the company said.

These vessels are of medium range and have high speed primarily used for patrol within the exclusive economic zone, coastal surveillance, and anti-smuggling, anti-piracy, search and rescue operations.

These ships also support front-line warships in the hour of need.

Reliance's shipyard has the largest dry-dock in the country with considerable expertise in modular construction technology for building large ships for both commercial usage and the navy.