Union Cabinet approves contract signing with L&T for three Cadet Training Ships, worth over Rs 3,100 crore, under Buy (Indian-IDDM) category

New Delhi, March 1. The Union Cabinet has accorded approval to sign a contract with Larsen & Toubro Limited (L&T) for acquisition of three Cadet Training Ships, at an overall cost of Rs 3,108.09 crore, under Buy {Indian-IDDM (Indigenously Designed, Developed and Manufactured)}category. The delivery of ships is scheduled to commence from 2026. These ships …

The post Union Cabinet approves contract signing with L&T for three Cadet Training Ships, worth over Rs 3,100 crore, under Buy (Indian-IDDM) category appeared first on India Strategic.

March 1, 2023
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