The Indian Navy has initiated the tender process to acquire six lethal submarines by issuing the initial Expression of Interest to foreign vendors willing to take part in the mega programme.
The submarines will be equipped with heavy-duty firepower as it wants the boats to have at least 12 Land Attack Cruise Missiles (LACM) along with Anti-Ship cruise missiles (ASCM).
Under the ambitious Project-75 India,the Navy wants to build six conventional diesel-electric submarines which would be almost 50 per cent bigger than the under-construction Scorpene class submarines being built at the Mazagon Dockyards Limited in Mumbai and that is likely to cost over Rs 50,000 crore.
“The draft EOI has been issued to the foreign vendors who would be taking part in the competition along with the probable Indian partners who have also been invited to give suggestions on the strategic partnership policy under which the boats would be built,” Sources in the Navy told ANI.
After clearing the procurement of these submarines in the Defence Acquisition Council, Defence Minister Nirmala Sitharaman has put a Navy officer as the in-charge of the project.
An empowered project committee has been formed with the Navy’s Controller of Warship Production and Acquisition as the head of the panel including several other Joint Secretaries as its members.