May 18 2017 | India Opportunities

Titagarh Wagons begins construction of Fuel barges

Titagarh Wagons has successfully started the construction of two 1,000T Fuel Barges for the Indian Navy and two coastal Research Vessels for National Institute of Ocean Technology (NIOT). The company has signed the contract from NIOT, under the Ministry of Earth Sciences (MES) in February 2017. The contract comprises design, construction and delivery of two high end coastal research vessels valued at Rs 100 Crore. Another contract was signed in March 2017 with Directorate of Ship Production, under the Ministry of Defence (Navy), for undertaking design, construction and delivery of two fuel barges for the Indian Navy worth Rs 75 Crore.