A European client has placed a roughly Rs 1,000 crore order with Cochin Shipyard to build boats.
The project will take 35 months to complete.
According to the filing, “CSL has received a global order for the construction of two Commissioning Service Operation Vessels (CSOV) from a European Client, with an option to build four more such vessels, which the Owner may exercise within a year.”
These boats are designed to assist with the commissioning and maintenance of offshore wind farm projects.
This country is utilizing these specialized vessels for the first time. “About Rs 1,000 crore is the firm order’s projected project cost, and the project will be finished in 35 months.”
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Securities Support WhatsApp Number
+91 9892691696
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.