GRSE Wins ₹840 Crore Deal for Ocean Research Vessel.

Economy Business

Garden Reach Shipbuilders and Engineers (GRSE) Ltd. has signed a deal with the National Centre for Polar and Ocean Research (NCPOR) under the Ministry of Earth Sciences for the construction and delivery of an ocean research vessel (ORV). The deal, which was signed on July 16, is said to be worth ₹840 crore and the project is expected to be implemented in the next 42 months. This is the third order that the company has secured in the last month.


      The vessel will enhance India’s capabilities in ocean research and polar exploration.

      GRSE’s recent orders boost its position in the shipbuilding industry.

     

 

     


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Founded: 1884
Chairman: Cmde PR Hari
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