The ships will ferry food and ammunition; first one to be ready in four years
In a major boost to develop Indian Navy , Hindustan Shipyard Limited, a Ministry of Defence Enterprise, will sign a contract with a consortium formed by five leading shipyards in Turkey for technical collaboration to construct five Fleet Support Ships worth more than ₹16,000 crore.
A high-level delegation from Turkey held talks with the HSL top management here on Tuesday prior to the exchange of documents. The steel cutting is expected by end of 2020.
Earlier, HSL had shelved the plan for forging a strategic partnership with Hyundai Heavy Industries owing to the insistence for building the first ship in South Korea and source major components required for the project from there.
After building the first ship in four years, the remaining will be built in a gap of 10 months each.Read More…