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GRSE wins $12.7 million Guyana order

By IndianMandarins- 14 Jan 2021
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Kolkata (14.01.2021): GRSE will build for the Government of Guyana an ocean-going vessel at a cost of $12.7 million. An agreement to this effect was signed two days back.

The 1,700-ton vessel will be used by Guyana in coastal and riverine areas of Guyana, and shall be equipped with two Caterpillar Marine Diesel Engines coupled with Twin Disc Reduction Gear Boxes to achieve 15 knots speed.

GRSE has been in recent years focusing on increasing its exports to diversify its revenue streams which remain heavily tilted in favor of naval ships.

GRSE has been a pioneer warship builder in India having delivered the highest number of warships till date, since its inception as a DPSU in 1960. The 106 warships built by GRSE so far range from Advanced Frigates to Anti-Submarine Warfare Corvettes to Fleet Tankers, Fast Attack Crafts etc. with the Shipyard having many firsts to its credit including the unique achievement of having exported the first warship by an Indian Shipyard, CGS Barracuda to Mauritius.

GRSE has the capability to construct 20 ships concurrently, spread across its three production locations. This Project shall further consolidate GRSE’s position as a unique shipyard with all round capability to design and build warships and vessels for export with State-of-the-Art Technology. GRSE in the recent past has delivered 14 Warships in 42 months which clocks an average of a delivery every three months, a no mean feat.

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