Pipavav bags OPV contract in West Africa

Discussion in 'Defence & Strategic Issues' started by Zebra, Aug 7, 2012.

  1. Zebra

    Zebra Senior Member Senior Member

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    Pipavav Defence bags inernational orders worth Rs 1,192 crore

    Aug 7, 2012, PTI

    Pipavav Defence and Offshore Engineering Company (formerly Pipavav Shipyard) said it has bagged two international orders worth Rs 1,192 crore from a West African client for building two offshore patrol
    vessels.

    This is the first international order for Pipavav, which has recently ventured into defence sector, the company said in a statement. It added that the contract also has the option to increase the order to two more such vessels and has to be delivered in 32 months.

    Pipavav, however, did not disclose the name of its client from whom it has secured the orders. “The contract value is pegged at Rs 1,192 crore with two option ships which can be exercised by the client within 24 months upon which the contract value may go up to Rs 2,504 crore,” it said.

    The company further said it is negotiating for four numbers corvette type warships with a global major but did not disclose further. “One of the thrust areas of the company is to focus on foreign military sales to the friendly countries,” the company said.

    The offshore patrol vessels are a 95 meter long and are similar to five vessels for which the Ministry of Defence has placed orders with Pipavav last year, it added. The company further said after the order its current order book size has increased by 20 per cent, though did not reveal its total order book size.

    Pipavav Defence bags inernational orders worth Rs 1,192 crore | Firstpost
     
    agentperry likes this.
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  3. Bhadra

    Bhadra Defence Professionals Defence Professionals Senior Member

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    Re: Pipavav Defence bags inernational orders worth Rs 1,192 crore

    That is a good news
     
  4. sob

    sob Moderator Moderator

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    Re: Pipavav Defence bags inernational orders worth Rs 1,192 crore

    This is good news. The tie up with DCNS has helped the shipyard it seems.
     
  5. ironman

    ironman Regular Member

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  6. Armand2REP

    Armand2REP CHINI EXPERT Veteran Member

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    What country?
     
  7. afako

    afako Regular Member

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    Angola.

    .
     
  8. LurkerBaba

    LurkerBaba Staff Administrator

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    Here is an article (better than the screengrab)

    -----

    Pipavav Defence wins global naval deal - Home - livemint.com

    Speculation IMO
     
  9. Apollyon

    Apollyon Führer Senior Member

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    Nigeria, if rumors are to be believed
    They have also placed order for 2 Chinese Stealth OPV's worth $150 million

    First 4 of this class for Indian Navy was build by GSL and next 5 will be by Pipavav (formal contract is yet to be signed)

    [​IMG]
     

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