Garden Reach Shipbuilders & Engineers (GRSE) has signed the contract with National Centre for Polar & Ocean Research (NCPOR), Ministry of Earth Sciences, Government of India, for the construction and delivery of an Ocean Research Vessel (ORV). Broad consideration or size of the contract is approximately Rs 840 crore. The said contract is expected to be completed in 42 months.
The overall length of the ORV will be 89.50?metres and it will be 18.80?metres wide. Its depth will be 12.50?metres. The ship will have a gross tonnage of 5,900 Tons and its speed will be 14 knots at 90% maximum continuous rating (MCR). The research vessel will be able to operate at a maximum depth of 6,000?metres. The vessel, once it is delivered, will be capable of Underway Swath Multibeam as well as Geophysical Seismic surveys in coastal seas and deep waters.
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.
| Company Name | CMP |
|---|---|
| Mazagon Dock Ship | 2618.30 |
| Cochin Shipyard | 1561.45 |
| VMS Industries | 24.80 |
| Knowledge Marine & E | 1775.50 |
| Laxmipati Engineerin | 262.80 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: