L&T knock-out from Rs 70,000 crore tender bid of submarine deal
The Ministry has rejected the proposal of the L&T in partnership with Spanish Navantia for not being compliant with Indian Navy requirements, defence sources said.
L&T knock-out from Rs 70,000 crore tender bid of submarine deal
The Defence Ministry has stepped aside the Indian firm Larsen and Toubro’s bid and found it non-compliant in the Rs 70,000 crore tender to acquire six submarines. The Indian Navy is looking to buy six advanced submarines with the ability to stay underwater for three weeks under Project 75 India.
The Ministry has rejected the proposal of the L&T in partnership with Spanish Navantia for not being compliant with Indian Navy requirements, defence sources said.
The L & T and its partner had showcased the functioning of its critical Air Independent Propulsion system in Spain to the Indian Navy team there on shore but the Indian Navy demanded a sea-proven system in its requirements in the tender document.
The latest development means that the state-owned Mazagaon Dockyards Limited along with its partner ThyssenKrupp Marine Systems of Germany would be the only vendor left in the race for making the six submarines.
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Vendors involved in the program have been making representations to the government and the Defence Ministry has been moving ahead as per procedures in the project and have vetted the process at all levels.
There have also been suggestions made to the officials concerned to equally divide the project between the shipyards. Larsen and Toubro have been deeply involved in the strategic submarine projects for the Indian Navy and have facilities on both the seaboards to mainly support defence forces' projects.
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