ABG Shipyard Ltd has signed a first of its kind contract with Indian Navy for the construction of two cadet training ships valued at Rs 970 crore.
The two cadet training ships are for providing basic training to the Naval cadets and trainees to carryout disaster relief, search and rescue operations with the capability to carry light helicopter. The vessel will be approximately 110 metres in length and will be designed to achieve a maximum speed of 20 knots.
With latest infrastructure in place at its Surat and Dahej yards and having delivered more than 140 vessels worldwide, ABG Shipyard is now fully geared to build all kinds of ships for the Indian defence sector. With this order, the total order book of the company stands at about Rs 14,890 crore.