Defence Ministry inks Rs 1,990 crore contract with MDL

Ministry of Defence has signed two contracts, worth approx. Rs 2,867 crore, for the construction of Air Independent Propulsion (AIP) Plug for DRDO-AIP system & its integration onboard Indian Submarines, and the integration of Electronic Heavy Weight Torpedo (EHWT) onboard the Kalvari-Class submarines. Both the contracts were signed in the presence of Defence Secretary Shri Rajesh Kumar Singh in New Delhi on December 30, 2024.

Join PSU Connect on WhatsApp now for quick updates! Whatsapp Channel

Read Also : PESB recommends Benny Joseph as next Director (Technical & Operations) of HLL Lifecare Limited

The contract for construction of AIP Plug and its integration was inked with Mazagon Dock Shipbuilders Limited, Mumbai worth around Rs 1,990 crore, while the contract for integration of EHWT, being developed by DRDO, was signed with Naval Group, France at an approx. cost of Rs 877 crore.

Read Also : MTNL to Hold Board Meeting on November 14th to Approve Q2/H1 Financial Results

The AIP technology is being indigenously developed by DRDO. The project pertaining to construction of AIP-Plug and its integration will enhance the endurance of conventional submarines and significantly contribute towards the ‘Aatmanirbhar Bharat’ initiative. It would generate employment of nearly three lakh man days. The integration of EHWT will be a collaborative effort by Indian Navy, DRDO and Naval Group, France. It would greatly augment the firepower capabilities of Kalvari Class submarines of the Indian Navy.

Read Also : Manoj Menon, Business Head BPCL honoured with Appreciation Certificate