February 19, 2020
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L&T bags order from Vietnam
Larsen & Toubro (L&T) has signed the principle contract with Vietnam Border Guard valued at USD 99.7 million for design and construction of high speed patrol vessels in India as well as for transfer of design and technology along with supply of equipment and material kits for construction of follow-on vessels at a Vietnam shipyard.The high-speed patrol vessels are purpose- built for controlling and protecting sea security and sovereignty, detecting illegal activities such as smuggling, and undertaking search and rescue missions. Constructed of Aluminium alloy, the vessels are about 35 metres long and can clock a speed of 35 knots with a state-of-the-art navigation and surveillance equipment and self-defence capabilities on board. L&T is presently executing Indian MoD contracts for design and construction of 54 Interceptor Boats (1Bs) for Indian Coast Guard, out of which 28 1Bs have already been delivered with the last boat having been delivered two years ahead of schedule.