L&T Bags Major Order from Vietnam Border Guard for High Speed Patrol Vessels. At USD 9.7 million it is the biggest export order given to a private Indian Shipyard till date Mumbai, Sep 22, 2016: Larsen & Toubro (L&T) has signed the principle contract with
Vietnam Border Guard valued at USD 99.7 Million for design and construction of high speed patrol vessels in India as well as for transfer of design and technology along with supply of equipment and material kits for construction of follow-on vessels at Hong Ha shipyard in Vietnam
The high-speed patrol vessels are purpose-built for controlling and protecting sea security
and sovereignty, detecting illegal activities such as smuggling, and undertaking search and
rescue missions. Constructed of Aluminium alloy, the vessels are about 35 metres long and
can clock a speed of 35 knots with a state-of-the-art navigation and surveillance
equipment and self-defence capabilities on board.
In keeping with the Government of India’s Make in India policy, complete design and
engineering of these vessels will be undertaken at L&T’s dedicated Warship Design Centre
with the vessels being built at L&T’s state of the art Kattupalli Shipyard, off Chennai.
Commenting on the occasion, Mr. S.N. Subrahmanyan, President and Deputy Managing
Director of L&T said that the contract is a testimony to L&T’s world-class technological
capabilities. He also hoped for the contract to pave the way for stronger bilateral ties
between India and Vietnam.
Earlier in 2015, a tender was floated by Vietnam’s Ministry of Defence for the Patrol Boats
and six shipyards (L&T, MDL, GRSE, erstwhile Pipavav, ABG and PEC) from India
participated in the bid. The MoD-Vietnam shortlisted three shipyards and undertook an
extensive assessment of their design and engineering capabilities, yard infrastructure,
track record and financial health. L&T qualified on all the parameters and was selected
from among the six for the prestigious export contract.
L&T is presently executing Indian MoD contracts for design and construction of 54
Interceptor Boats (IBs) for Indian Coast Guard, out of which 28 IBs have already been
delivered with the last boat having been delivered two years ahead of schedule. L&T is
also executing orders for design and construction of seven Offshore Patrol Vessels for the
Indian Coast Guard against a contract of Rs.1432 Crores and a Floating Dock for the Indian
Navy with a contract value of Rs.468 Crores.