Navy issues Request For Proposal for 6 submarines under Project-75I
The Hindu
This is the first deal under the strategic partnership model of the procurement procedure
The Navy on Tuesday issued the Request For Proposal (RFP) for construction of six advanced conventional submarines under Project-75I. This is the first deal to make progress under the strategic partnership model of the procurement procedure. “The RFP was issued to shortlisted Strategic Partners (SPs) or Indian applicant companies for the project viz, Mazagaon Dock Shipbuilders Limited (MDL) and Larsen & Toubro (L&T),” the Defence Ministry said. The project cost is estimated upwards of ₹40,000 crore. The procurement process now gets under way and will take at least two years for the deal to be signed, a defence official said.
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