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L&T receives Rs447 cr order from defence ministry

Firm will construct 18 high-speed interceptor boats for the Indian Coast Guard
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First Published: Tue, Jan 22 2013. 11 46 PM IST
L&T has already got a contract, valued at Rs977 crore for 36 similar vessels. Photo: Mint
L&T has already got a contract, valued at Rs977 crore for 36 similar vessels. Photo: Mint
Mumbai: Larsen and Toubro Ltd said it had received an order valued at Rs447 crore from the ministry of defence for the construction of 18 high-speed interceptor boats for the Indian Coast Guard. This follows an earlier contract, valued at Rs977 crore for 36 similar vessels.
With this order, L&T is positioned as the foremost Indian shipyard in terms of capability to indigenously design and construct the largest number of interceptor boats for the defence ministry, the company said in a statement on Tuesday.
The interceptor boat is a “planing craft”, capable of achieving speeds exceeding 40 knots. Built with a full aluminium-alloy light-weight hull, it is powered by a twin water-jet propulsion system to enable quick response - crucial for coastal surveillance, it said.
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First Published: Tue, Jan 22 2013. 11 46 PM IST
More Topics: L&T | order | shipbuilding | Ministry of Defence |
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