PSU NEWS
Cochin Shipyard Limited secured a Large order from a European Client
The vessel is equipped with hybrid battery systems to improve the energy efficiency and reduce the carbon foot prints.
New Delhi: Cochin Shipyard Limited has bagged a Large order from a European Client, for the design and construction of a Hybrid Service Operation Vessel (Hybrid SOV) with an option for two more such vessels the company mentioned in its regulatory fillung. The vessel is equipped with hybrid battery systems to improve the energy efficiency and reduce the carbon foot prints.
The vessel is designed and built for the service, maintenance and operational needs of the offshore wind farm industry in the European market where sustainable energy solutions are in high demand.
Read Also : IndusInd Bank Q1 FY25 results, net profit at 2% YoYThe project is expected to be completed by the end 2026. The order valued between 500 to 1000 crore
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