Larsen & Toubro (L&T) today said it has delivered two high-speed interceptor ships to Indian Coast Guard at the Kattupalli Shipyard near Chennai.
This delivery is part of the two contracts being executed by the company for design and construction of 54 interceptors to Indian Coast Guard, valued at Rs 1,424 crore, Larsen & Toubro said in a statement.
"Larsen & Toubro has delivered two more high-speed interceptor ships (C-433 and C-434) to Indian Coast Guard at the company's Kattupalli Shipyard, near Chennai, seven months ahead of contractual schedule," it said.
With these two, 34 Interceptors have been delivered by the company so far. L&T had won the order against global competition, it added.
Made of aluminium alloy hull with waterjet propulsion, these ships have a speed of over 45 knots (a unit of speed equal to one nautical mile/per hour) with excellent manoeuvrability and are ideally suited for high interception.
S N Subrahmanyan, CEO and Managing Director, Larsen & Toubro, said: "We appreciate the urgent need of Indian Coast Guard to augment coastal security in these turbulent times.
Our production is over one year ahead of schedule and we are ready to deliver the remaining 20 vessels to Coast Guard anytime suiting their operational requirements." J D Patil, Senior Executive Vice President (Defence) & Whole-time Director, Larsen & Toubro, said: "Besides Interceptor Vessels Programme, L&T has also been mandated by the Coast Guard to design and build seven Offshore Patrol Vessels (OPVs). The construction of OPVs is on schedule and the launch of first OPV is slated for next month." On June 20, 2017, L&T launched the floating dock for the Indian Navy, a giant platform, and currently trials are in progress for on-time delivery to Indian Navy before November 2017.
L&T has till date completed repairs and refits of naval and coast guard ships and delivered six refit ships (including the largest logistics tanker ship) from its shipyard at Kattupalli, dedicated to defence shipbuilding.
The company was licenced for warship and submarine building in 2002 and has shipbuilding yards at Hazira near Surat on the west coast and at Kattupalli near Chennai on the east coast.
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