Mazagon Dock Shipbuilders Ltd signs contract with Ministry of Defence

MoD signed a contract of Rs. 1,990 crores with Mazagon Dock Shipbuilders Limited (MDL) for construction of Air Independent Propulsion Plug for DRDOAIP system & its integration into conventional submarines to enhance their endurance.

The contract was signed in the presence of Defence Secretary Shri. Rajesh Kumar Singh in New Delhi on 30 December 2024.

The AIP technology is being indigenously developed by DRDO. The project pertaining to construction of AIP-Plug and its integration will enhance the endurance of conventional submarines. MDL is proud to be a partner in this unique program and to significantly contribute towards the Aatmanirbhar Bharat initiative.

Source : Equity Bulls

Keywords

MazagonDockShipbuilders OrderWin MinistryofDefence