Garden Reach Shipbuilders & Engineers (GRSE) has signed a contract with the Ministry of Defence for construction of 04 Next Generation offshore Patrol Vessels (NGOPV). The Total Project Cost of 04 GRSE Vessels is around Rs 3,500 crore. The first ship is to be delivered within 44 months from the contract signing date i.e. March 30, 2023. The subsequent ships are to be delivered at six months' interval period from the delivery of the previous ship.
Garden Reach Shipbuilders & Engineers is a shipbuilding company in India under the administrative control of the MoD and primarily adhere to the shipbuilding requirements of the Indian Navy and the Indian Coast Guard.
