Bharat Heavy Electricals (BHEL), Mishra Dhatu Nigam (Midhani) and Hindustan Shipyards (HSL) have come together to form a consortium for building submarines indigenously. The consortium will jointly stake claim with the Ministry of Defence for being considered as a prospective bidder for the proposed P-75 (I) project of the Indian Navy for building six submarines at an Indian shipyard.
To this effect, a Memorandum of Understanding (MoU) towards setting up the consortium was signed on December 26, 2014. The consortium between these three PSUs is a giant step in the direction of the ‘Make In India’ initiative of the government, especially for catering to the defence sector. The consortium will also provide the country with a credible domestic alternative for manufacture of submarines.
BHEL is engaged in the design, engineering, manufacture, construction, testing, commissioning and servicing of a wide range of products, systems and services for the core sector companies in the field of power, transmission, transportation, renewable energy, oil and natural gas and defence.