Hindustan Shipyard to build 5 naval support vessels with Turkish help
The project, estimated to cost between $1.5 billion and $2 billion, will involve transfer of technology from Turkey's Anadolu Shipyard.
Visakhapatnam-based Hindustan Shipyard Limited (HSL) is expecting an order from the Indian Navy by the year end for building five mammoth naval support vessels with transfer of technology from a Turkish shipbuilding firm, people familiar with the developments said on Monday. The project, estimated to cost between $1.5 billion and $2 billion, will involve transfer of technology from Anadolu Shipyard, part of the TAIS consortium of Turkey, with which HSL signed an agreement for technical collaboration last year. HSL is expected to deliver the first fleet support vessel (FSV) to the navy within four years of the go-ahead, with the other ships to be delivered at the rate of one every 10 months to 12 months. The vessels will be 230 metres long and have a displacement of 45,000 tonnes. FSVs carry fuel and other supplies for warships. “The agreement with the Turkish consortium will kick in after HSL gets an order from the Indian Navy. If all goes well, that could happen by October 2021. Several…