New Delhi. 30 April 2019. In the emerging competitive scenario, it was a huge boost for team GRSE when the Shipyard was declared successful in the competitive bid for design, construction and supply of 08 Anti-Submarine Warfare Shallow Water Crafts (ASWSWCs) for Indian Navy.

RFP was issued by Indian Navy to DPSU Shipyards and Indian Private Shipyards in Apr 2014, with GRSE emerging as the successful bidder. The Contract was signed on 29 Apr 2019 between Garden Reach Shipbuilders & Engineers Limited (GRSE) and Government of India, Ministry of Defence.  The order value for these 08 vessels is Rs. 6311.32 crore. The 1st ship is to be delivered within 42 months from contract signing date and subsequent balance ships delivery schedule will be 02 ships/ year.

The project completion time is 84 months from date of signing the contract. GRSE is currently handling major projects to make 03 Stealth Frigates for Indian Navy under P17A Project, ASW Corvettes for Indian Navy, LCUs for Indian Navy, 04 Survey Vessels (Large) for Indian Navy, FPVs for Indian Coast Guard etc.