As per Larsen & Toubro's (L&T) classification, the value of the ‘significant' contract lies between Rs 1,000 crore and Rs 2,500 crore.
Indian Navy had signed a contract with Hindustan Shipyard (HSL) for design and construction of five FSS for the Indian Navy in August 2023.
FSS are specialized naval vessels, which provide logistics and material support to the naval task force at sea. With more than 220 meter in length and approximately 45,000 ton displacement, FSS would be amongst the largest vessels in the Indian Naval Fleet.
In line with GoI’s vision of ‘Aatmanirbhar Bharat’, these first-of-its kind vessels to be built in domestic Yards will be concurrently constructed by both the shipyards to meet the challenging delivery timelines. This collaborative approach in shipbuil...
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