Mazagon Dock sidesteps JVs with L&T and Pipavav, invites bids.

Mazagon Dock Ltd. invited bids recently to build a portion of two destroyer ships for the Navy, a move that shows its joint ventures with two private shipbuilders have failed.

'The tender defies the whole concept and logic of forming the joint ventures by Mazagon separately with Larsen and Toubro Ltd. (L&T) and Pipavav Defence and Offshore Engineering Co. Ltd.,' a top executive at the Mumbai office of a private shipyard said. The state-owned shipyard formed the joint venture companies to execute its naval orders faster.
'It is strange and funny that Mazagon, which is a partner in the joint ventures, will have to participate in its own tenders to get the work,' the executive said, requesting anonymity.

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