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Larsen & Toubro-built fifth offshore patrol vessel commissioned into ICG

28 Feb 2020 Evaluate

Larsen & Toubro-built Offshore Patrol Vessel ICGS Varad was commissioned into the Indian Coast Guard (ICG). ICGS Varad set a record in Indian shipbuilding industry by becoming the first major defence ship to clear all Sea Acceptance Trials (SATs) in a single sea sortie, underlining the high quality of design and construction of these ships. The vessel is fifth in the series of seven Offshore Patrol Vessels (OPVs) contracted by Ministry of Defence on L&T in March 2015.

Larsen & Toubro (L&T) is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over $18 billion in revenue.

Peers
Company Name CMP
Larsen & Toubro 3858.00
Kalpataru Projects 1335.50
NCC 114.55
Rail Vikas Nigam 179.80
KEC International 329.65
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