HSL to Buildships for Navy With Korean Help VISAKHAPATNAM Vizag-based and Ministry of Defence (MoD)-controlled Hindustan Shipyard Ltd (HSL) will be building fleet support ships for Indian Navy, in technological collaboration, with world’s top shipbuilder, South Korea’s Hyundai Heavy Industries (HHI). Vizag-based HSL will sign a strategic partner. ship with the South Korean major in this regard in the coming months.
HSL to Buildships for Navy With Korean Help VISAKHAPATNAM
Apart from fleet ships, HSL has also received letter of oferto con struct two strategic operating vessels also called midgets or mini submarines worth R3,000 crore each intention form both the sides to collaborate.
The new strategic partner. ship, that Will be signed after both the governments of India and South Korea sign an agreement formally in two Weeks from now, Will help modernisation of HSL. The earlier MOU With HHI Was signed keeping an eye on the MoD’s proposal to build 6 submarines under Project 75 (I). “HHI uses international standards of shipbuilding.
DC CORRESPONDENT VISAKHAPATNAM, APRIL 18
While they are into integrated shipbuilding we are into block-wise Construction. This strategic partnership with HHI will help HSL get latest and advanced technology platforms and design c’Oncepts of global standards of the South Korean major. This will help in modernisation of HSL. The five fleet ships for the Indian Navy will be built with the help of HHI,” HSL, CMD rear admiral (Rtd).VISAKHAPATNAM L. V. Sarath Babu told reporters here on Tuesday. The work order on the five fleet support ships that weighs 45,000 tonne, Buildships for Navy With Korean Help each worth HSL. R10,000 crore, has been given to MoD on nomination to make the ailing yard turn around. The Work on the fleet ships of the Indian Navy is expected to begin in middle of 2018 or early 2019.