Try GOLD - Free
Panel on cost soon to firm up sub project
The New Indian Express Tirunelveli
|February 24, 2025
Army Chief goes on France visit to bolster ties
FORMATION of a cost negotiation committee is underway to speed up the Indian Navy's Project 75 (India) project under which submarines will be built in alignment with the Atmanirbhar Bharat Abhiyan.
The CNC to be firmed up soon will include officials from the Ministry of Defence (MoD), Navy and Defence Finance in addition to representatives of Mazagon Dockyard Limited (MDL) that will lead the project under strategic partnership (SP) with Germany's TKMS (ThyssenKrupp Marine Systems), said sources.
"Once the project is firmed up, MDL and Germany must adhere to the objectives of the Atmanirbhar Bharat Abhiyan. TKMS will need to meet 100% of the commercial and technical requirements, including transfer of technology and Indian content," an MoD source said. "This area will be closely scrutinised to ensure that actual design knowledge is transferred to India after the delivery of the first submarine, allowing India to freely use this technology as needed," the source added.
"A contract will be signed between the MoD and MDL. Further, there will be a contract between MDL and TKMS. Work share and responsibilities will be finalised under the contracts," another source said.
This story is from the February 24, 2025 edition of The New Indian Express Tirunelveli.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express Tirunelveli
The New Indian Express Tirunelveli
Edappadi accuses Stalin of 'selective sympathy' to reap political gains
AIADMK general secretary Edappadi K Palaniswami on Friday accused Chief Minister MK Stalin of playing politics over the Karur tragedy, stating that he (CM) did not bother to comfort the victims of the Kallakurichi hooch tragedy last year, but visited Karur victims overnight only because of the upcoming Assembly elections.
1 mins
October 04, 2025
The New Indian Express Tirunelveli
'No provisions': Pilots can't be in AI Ahmedabad crash probe committee
THE Aircraft Accident Investigation Bureau (AAIB) has informed a leading pilot body, the Airline Pilots' Association of India (ALPA INDIA), that it would not be possible to include pilots in the ongoing final probe into the AI 171 crash at Ahmedabad.
1 mins
October 04, 2025
The New Indian Express Tirunelveli
OBC minister in Gujarat cabinet named state BJP chief ahead of local polls
THE suspense over the Gujarat BJP's leadership has ended.
1 min
October 04, 2025
The New Indian Express Tirunelveli
12 deaths & counting in MP, Raj; cough syrups under lens
CHILDREN aged below five years, who were prescribed a combination of medicines, including two common cough syrups, by doctors in Madhya Pradesh's Chhindwara district, and Rajasthan, continue to die following kidney failure.
2 mins
October 04, 2025
The New Indian Express Tirunelveli
REGULAR TRAINING CAN STEM ROT IN JUDICIARY
N an exemplary intervention, the Supreme Court recently directed two judicial officers in Delhi to undergo a week-long training, flagging serious lapses on their part in granting bail in a fraud case.
1 mins
October 04, 2025
The New Indian Express Tirunelveli
Wangchuk's wife moves SC seeking husband's release
CLIMATE activist and Ladakh statehood crusader Sonam Wangchuk's wife, Dr. Gitanjali J. Angmo, has moved the Supreme Court seeking his immediate release from Jodhpur Central Jail, where he is being held under the National Security Act (NSA).
1 min
October 04, 2025
The New Indian Express Tirunelveli
Rivers swell in Chamoli in post-monsoon deluge
POST-monsoon rains lashing Uttarakhand's Chamoli district have led to a significant rise in the Alaknanda and Pindar rivers at Karnaprayag, causing widespread waterlogging and disruption.
1 mins
October 04, 2025
The New Indian Express Tirunelveli
TILLY TELLS TALES FROM NEAR FUTURE
TWO giant strides in the artificial intelligence industry one achieved, another threatened-are rekindling existential anxieties.
3 mins
October 04, 2025
The New Indian Express Tirunelveli
Scrapped comps to be donated to govt schools
THE Centre has found a way to reduce the stash of old computers and laptops in government offices, as the usable machines declared scrapped will be donated to state-run schools and other educational institutions.
1 mins
October 04, 2025
The New Indian Express Tirunelveli
Coop society in every panchayat by '29, says Shah
UNION Home and Cooperation Minister Amit Shah on Friday said that by 2029, every panchayat in the country will have a cooperative society.
1 min
October 04, 2025
Listen
Translate
Change font size