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L&T hands over offshore patrol vessel to Coast Guard

28 Oct 2017 Evaluate

Larsen & Toubro (L&T) has handed over an offshore patrol vessel (OPV), entirely developed in-house by company, to the Coast Guard. The vessel named ‘Vikram’, built at Larsen and Toubro's Kattupalli shipyard, about 45 km from here, was handed over to the Coast Guard ahead of the March 2018 delivery schedule.

This is the first of the seven vessels for which the Rs 1,432-crore contract had been awarded by the Ministry of Defence in March 2015. The vessel, equipped with modern weapon and state-of- the-art radar systems, would be deployed for day and night surveillance patrol, search and rescue and in pollution response operations in exclusive economic zones of the country.  

Larsen & Toubro is a major technology, engineering, construction, manufacturing and financial services conglomerate, with global operations.

Peers
Company Name CMP
Larsen & Toubro 3830.15
Kalpataru Projects 1399.50
NCC 135.65
Rail Vikas Nigam 201.15
KEC International 401.55
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