Cochin Shipyard bags Rs. 270-cr floating vessel order from Home Ministry.

State-owned Cochin Shipyard recently said it has bagged an order worth Rs 270 crore for supply of nine floating border outpost vessels (FBOPs) from the Home Ministry.

The order for nine vessels was bagged by CSL against a stiff domestic competitive tender process participated by other shipyards, CSL said in a BSE filing.

“Cochin Shipyard Ltd (CSL) received the formal letter of acceptance of tender for nine FBOPs from the Ministry of Home Affairs (MHA),” it said.

The first set of 3 FBOP boats, which will eventually join the water wing of the Border Security Force (BSF), are to be delivered within 18 months and subsequent batches of three each at 9 months’ intervals, the company said.

“The vessels will be designed in-house by CSL and each FBOP will also be equipped with four fast patrol boats, which can be launched and hoisted using its own davit system,” it said.

HBL