Archive · 3 Aug 2026

GRSE Wins ₹1,032 Cr Contract to Build ONGC PSVs

GRSE Wins ₹1,032 Cr Contract to Build ONGC PSVs

Garden Reach Shipbuilders & Engineers, a big shipyard in India, got a big order from Oil and Natural Gas Corporation to make four special ships that help with offshore oil work.

These ships will be about 80 meters long and can carry 3,000 tonnes of cargo.

They will have a new kind of engine that uses batteries and electric motors to be cleaner and more efficient.

The order is worth 1,032 crore rupees and was announced on July 30, 2024.

This deal shows India is growing its own shipbuilding industry for offshore projects.

Sources