The Defence Ministry has declared Larsen and Toubro's (L&T) offer in the Rs 70,000 crore procurement to purchase six submarines to be non-compliant, dealing a severe blow to the industrial behemoth.
 
The CEO and Managing director (MD), SN Subrahmanyan, of L&T, the biggest engineering business in india and the 12th most valuable corporation, recently made headlines when he said that he "regrets" not being able to provide his staff with 90 hours per week, including on Sundays.
 
L&T Rs 70,000 crore proposal rejected
According to ANI, which cited defense sources, L&T had submitted a proposal under Project 75 india to supply the indian Navy with six cutting-edge submarines that could remain underwater for three weeks in collaboration with Spanish Navantia. According to the article, the Defense Ministry, however, rejected the firm's proposal because it did not meet indian Navy criteria.
 
According to the article, L&T and its partner demonstrated to the indian Navy team on shore how their vital air Independent Propulsion system operated in Spain; however, the indian Navy's specifications in the bidding document called for a system that had been proved at sea.
 
Mazagaon Dockyards only vendor in the race
The state-owned Mazagaon Dockyards Limited and its partner ThyssenKrupp Marine Systems of germany would be the only vendors remaining in the competition to build the six submarines as a result of L&T's offer being rejected.
 
The last of the six Project 75 Scorpene class submarines, the INS Vagsheer, was recently delivered to the indian Navy by Mazagaon Dockyards. However, the company is set to get orders for three additional submarines under Project 75 (Additional Submarine), which will be constructed with assistance from the French Naval Group.
 
Program vendors have been presenting their cases to the government, and the Defense Ministry has been proceeding by project protocols and has reviewed the entire process. Additionally, recommendations have been made to the relevant authority to split the project evenly among the shipyards.
 
The central government has recently approved several submarine projects, both nuclear and conventional, to keep up with China's and Pakistan's swift navy modernization initiatives.
 


 
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SIBY JEYYA

24/01/2025 07:58 AM