Indian Navy: HSL-Adani bid for mega Rs 45,000 crore submarine project rejected, MDL & L&T get go ahead

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The defence ministry has determined to go forward with its Rs 45,000 crore procurement plan with two Indian rivals – the state owned Mazagaon Docks Restricted and personal sector large Larsen and Toubro.

A 3rd bid that was put up by Adani Defence and the state owned Hindustan Shipyard Restricted (HSL) has not been cleared over grounds that clearances weren’t in place for the formulation of the three way partnership that responded to the expression of curiosity.

As reported by ET, a tussle had emerged over the most important Make in India undertaking for the defence sector after the Navy has shunned going forward with the joint public-private bid whereas the defence manufacturing ministry had emphasised that such teaming preparations ought to be thought of

Clearing the best way forward for the mega plan, the Defence Acquisition Council (DAC) has chosen the 2 Indian corporations and 5 international expertise companions and all 5 international expertise collaborators who utilized to participate within the competitors.

There’s an pressing requirement of six subsequent technology conventionally powered submarines. These submarines could have Air Unbiased Propulsion (AIP) expertise to present them the flexibility to remain underwater for weeks.

These would be the final set of submarines to be in-built India with international collaboration, subsequent technology to be designed and develop domestically.

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