India's state-owned Hindustan Shipyard Limited (HSL) is poised to sign a deal with TAIS, a consortium of five Turkish shipyards, to jointly design and build five 45,000-tonne fleet support ships for the Indian Navy (IN) for an estimated total of INR160 billion (USD2.31 billion).
HSL chairman Rear Admiral L V Sarat Babu (retd) told The Hindu newspaper in late May that his company had concluded negotiations with TAIS on 28 May to design and construct the fleet support ships. He said HSL is expected to sign the collaboration contract for the ships by late June.
Babu said that steel cutting for the ships, all of which would be built at HSL's yard in Visakhapatnam, would begin by the end of 2020, with the first platform expected to be delivered to the IN by 2024.
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