The consortium will jointly stake claim with the Ministry of Defence
The MoU to set up the consortium was signed on Monday.
The consortium will jointly stake claim with the Ministry of Defence for being considered as a prospective bidder for the proposed P-75 (I) project of the Indian Navy for building six submarines at an Indian shipyard.
The consortium between three PSUs will seek to provide the country with a credible domestic alternative for manufacture of submarines. In BHEL, the consortium has a reliable supplier of strategic equipment and services to Indian Defence and Paramilitary forces for over 20 years now.
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