Cochin Shipyard on Monday said it has bagged an order worth ₹270 crore for supply of nine floating border outpost vessels (FBOPs) from the Home Ministry. The first set of three FBOP boats, which will join the water wing of the Border Security Force, has to be delivered within 18 months and the subsequent batches of three each at nine-month intervals, the CSL said, and added the vessels will be designed in-house. Shareholders will closely monitor the execution of the order.

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