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MDL to get over ₹1L-cr submarine contracts
Hindustan Times Lucknow
|July 10, 2025
UNDER THE TWO CONTRACTS, MDL WILL HAVE TO BUILD 6 ADVANCED SUMARINES AND 3 SCORPENE-CLASS SUBMARINES
Public sector yard Mazagon Dock Shipbuilders Limited (MDL) is likely to be awarded two separate contracts by the government worth more than ₹1.06 lakh crore before financial year 2025-26 ends for building submarines for the Indian Navy, officials aware of the matter said on Wednesday.
The first contract is the ₹70,000-crore Project 751 under which Mumbai-based MDL and German yard thyssenkrupp Marine Systems (tkMS) will build six advanced submarines to sharpen the navy's underwater capabilities. The second contract estimated to be worth ₹36,000 crore is for constructing three more Scorpene-class submarines to bolster the country's maritime posture in the Indian Ocean region.
This story is from the July 10, 2025 edition of Hindustan Times Lucknow.
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