India News | Defence Ministry Inks Rs 1,990 Cr Contract with Mazagon Dock Shipbuilders for DRDO-AIP System
Get latest articles and stories on India at LatestLY. The Ministry of Defence has signed two contracts, worth approx. Rs 2,867 crore, for the construction of an Air Independent Propulsion (AIP) Plug for the DRDO-AIP system and its integration onboard Indian Submarines, and the integration of Electronic Heavy Weight Torpedo (EHWT) onboard the Kalvari-Class submarines, a press release said on Monday.
New Delhi [India], December 30 (ANI): The Ministry of Defence has signed two contracts, worth approximately Rs 2,867 crore, for the construction of an Air Independent Propulsion (AIP) Plug for the DRDO-AIP system and its integration onboard Indian Submarines, and the integration of Electronic Heavy Weight Torpedo (EHWT) onboard the Kalvari-Class submarines, a press release said
Both the contracts were signed in the presence of Defence Secretary Rajesh Kumar Singh in New Delhi on Monday.
According to the Ministry of Defence, the contract for the construction of AIP Plug and its integration was inked with Mazagon Dock Shipbuilders Limited (MDL), 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 approximate cost of Rs 877 crore.
The AIP technology is being indigenously developed by DRDO. The project about the construction of AIP-Plug and its integration will enhance the endurance of conventional submarines and significantly contribute towards the 'Aatmanirbhar Bharat' initiative.
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It would generate employment of nearly three lakh man days. The integration of EHWT will be a collaborative effort by the Indian Navy, DRDO and Naval Group, France. It would greatly augment the firepower capabilities of Kalvari Class submarines of the Indian Navy. (ANI)
(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)