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Reliance Infrastructure's arm gets nod to participate in defence projects

17 Sep 2016 Evaluate

Reliance Defence and Engineering (RDEL) wholly owned subsidiary of Reliance Infrastructure has received clearance from Defence Acquisition Council (DAC) for all defence projects particularly Naval Warships and Submarines. DAC has cleared the capacity assessment of RDEL. RDEL and L&T are the only two qualified private companies to participate in Indian Naval projects. RDEL aims to fully participate in the Indian Navy’s ten year acquisition plans worth over Rs 3 Lakh crore.

Reliance Defence and Engineering is engaged in defence, offshore, marine and engineering sectors. The company has two units, one special economic zone (SEZ) unit and another export oriented unit (EOU).

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