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The Defence Ministry on Monday awarded state-run ship builder GRSE a contract to build eight anti-submarine
warfare shallow water crafts for Indian Navy at a cost of Rs 6,311 crore.
The request for proposal (RFP) for the project was issued by Indian Navy to state-run shipyards as well as
to various Indian private ship builders in April 2014.
Garden Reach Shipbuilders and Engineers Limited (GRSE) emerged as the successful bidder for design, construction
and supply of the eight ships.
The first ship is to be delivered within 42 months, the defence ministry said, adding, subsequently, two ships will
have to be delivered by GRSE per year.
"The project completion time is 84 months from today,"
The GRSE is currently handling several major projects including constructing three stealth frigates for the
Indian Navy under P17A Project and Anti-Submarine Warfare Corvettes for Indian Navy.
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