Sep 23 2016 | India Opportunities

RDEL bags fast patrol vessels contract

Reliance Defence & Engineering (RDEL) has got the clearance from the Defence Ministry recently for participating in the defence projects. The company has emerged as the lowest bidder for Indian Coast Guard's 14 fast-patrol vessels contract. The contract is valued at Rs 920 crore. The vessels are likely to be built at its Pipavav Shipyard.

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