The Ministry of defence has signed a contract worth Rs1,070 crore with Mazagon Dock Shipbuilders Ltd (MDL) for the acquisition of 14 fast patrol vessels.

MOUs and Agreement

The Ministry of defence has signed a contract worth Rs1,070 crore with Mazagon Dock Shipbuilders Ltd (MDL) for the acquisition of 14 fast patrol vessels. The deal aims to strengthen the capabilities of the Indian Coast Guard (ICG) and enhance the country’s maritime security. Fast patrol vessels (FPVs) are small, agile and versatile ships that can perform a variety of tasks in coastal and offshore waters. They are used for patrolling, surveillance, search and rescue, anti-smuggling, anti-piracy, fisheries protection and pollution control operations.


      The contract between the MoD and MDL was signed on 24 January, 2024.

      The delivery of the 14 FPVs will be completed in 63 months from the date of signing. The first vessel is expected to be delivered by June 2026.

     

 

     


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