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Kolkata: By competing with three other Defence PSUs and two private players, the city-headquartered Garden Reach Shipbuilders & Engineers Limited (GRSE) has bagged an Rs 2435.15-crore contract from the Indian Navy.

With this, GRSE’s order book has now jumped to Rs 22,604-crore.  GRSE is already handling a major project to make three Stealth Frigates for the Navy under P17A Project.

The latest contract pertains to the manufacture of four Survey Vessels for the Navy, which will enable the force to undertake full-scale coastal and deep-water hydrographic survey of ports and harbours.

GRSE is one of the four Defence PSUs from which proposals were requested by the Navy for building the four ships. The three others are Goa Shipyard Limited (GSL) based in Vasco da Gama, Hindustan Shipyard Limited (HSL) based in Visakhapatnam, Cochin Shipyard Limited (CSL) based in Kochi. Two private ship-making companies had also bid for the contract.

But GRSE has managed to bag the contract for being the lowest bidder for design, construction and supply of the four ships. It inked the contract with the defence ministry today.

Going by the contract, GRSE shall have to deliver the first ship within 36 months. The remaining three shall have to be delivered at a gap of six months each after the supply of the first ship with the final deadline being 54 months.

The Survey Vessels will be 110-metre long and shall have a deep displacement of 3,300 tons and a complement of 231. These will be capable of full-scale coastal and deep-water hydrographic survey of ports, harbours, approaches, and in determining navigational channels/ routes.

Navy has plans to deploy these ships for the collection of oceanographic and geophysical data for defence applications. The ships will also be capable of performing limited search and rescue, limited ocean research, and operate as hospital /casualty holding ships.