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Reliance, L&T in last leg to bag $2 billion defence deal

Reliance

Reliance Defence and Engineering Ltd (RDEL) and Larsen and Toubro square measure within the final stages to bag a $2 billion contract from the Defence Ministry next month for creating amphibious fighting ships for the Navy, sources aforesaid.




Both have entered the ultimate lap when ABG work did not clear the capability assessment check of the Defence Ministry.

The Ministry of Defence (MoD) is probably going to open bids in Oct for subsidisation four Landing Platform Dock (LPDs), every cost accounting concerning $1 billion, and therefore the solely 2 non-public sector companies that cleared the monetary and technical capability for this project square measure RDEL and L&T, the supply near the event aforesaid.

As per the terms of the deal, 2 LPDs contract are awarded to {a non-public|a personal|a non-public} sector player primarily based upon technical capabilities and monetary bids and therefore the winning private sector firm would assist state-owned geographic area to work restricted (HSL) to construct the remaining 2.

Warfare ship
LPD, conjointly called amphibious transport dock, could be a warfare ship designed to move troops into a combat zone by the ocean, primarily exploitation craft and has the aptitude to work transport helicopters additionally to having construction facilities and a flight deck.

The $2 billion contract is that the biggest ship construction project for the non-public sector and has the potential to form the winner a number one player.

The 20,000-ton LPD would be the biggest ship to be inbuilt associate Indian yard when the attack aircraft carrier below construction in Kochi.


A Reliance Defence voice declined to supply associated comments whereas an L&T voice said:“We have already cleared the monetary and technical capability assessment report long term back.”

“The Defence Acquisition Council (DAC) in its last meeting has cleared the capability assessment of RDEL, that is currently eligible for all defense comes significantly armed service Warships and Submarines,” the supply aforesaid.

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