Rs 45000 crore submarine undertaking: Defense Acquisition Council selected Mazagon Dock and L&T, Adani Defense out, Indian Navy, Rajnath Singh – Adani's big blow to the 45000 crore submarine undertaking, L&T wins! Running in Navy and Ministry Rar

The Ministry of Defense has selected two Indian and 5 big international corporations for a 51 thousand crore undertaking involving the building of six typical submarines for the Navy in India. The Defense Acquisition Council (DAC) underneath the chairmanship of Defense Minister Rajnath Singh on Tuesday (21 January) awarded Mazgaon Dock Shipbuilders Limited and Larsen & Toubro (L&T) as Indian strategic companions for the building of six typical submarines value Rs 45,000 crore. Chosen for The Adani Group suffered a serious setback by this choice of the DAC.

The Adani Group was not selected in the first part of the tender however there was stress from the Ministry to embrace it. Adani had bid for the undertaking in partnership with public sector Hindustan Shipyard Limited however in accordance to Indian Navy sources the firm was not assembly the required standards. Official sources stated that Adani, thought-about a robust contender for the undertaking named P-75I, was not thought-about appropriate by the Empowered Committee after analysis of the protection eligibility standards.

This giant undertaking is being carried out underneath an formidable strategic partnership mannequin in which selected personal corporations are being roped in to manufacture navy gear resembling submarines and fighter plane in India in partnership with Original Equipment Manufacturers (OEMs). is. The Defense Ministry stated that the Defense Procurement Council (DAAC) additionally authorized the buy of navy gear value Rs 5,100 crore from indigenous sources. These embrace state-of-the-artwork digital warfare programs designed by DRDO for the Army and regionally manufactured by Indian business. "

Officials stated the programs can be used in deserts and plains and would supply floor-primarily based troops with total digital assist and counter-functionality. The ministry stated in an announcement that the DAC additionally authorized the number of Indian strategic companions and potential unique gear producers (OEMs) that may undertake the building of six typical submarines in India underneath the strategic partnership mannequin.

These selections have been made in a gathering of the DAC chaired by Defense Minister Rajnath Singh in which Chief Defense Chairman General Bipin Rawat and different high officers have been additionally current. The 5 international corporations selected for the P-75I undertaking embrace Thyssenkrupp Marine Systems (Germany), Navantia (Spain) and Naval Group (France). The Indian Navy intends to buy 24 new submarines, together with six nuclear submarines, to strengthen its underwater capabilities. This was the first assembly of the DAC after the appointment of the Chief of Defense Staff.
(with language inputs)

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