Larsen & Toubro (L&T) announced on Monday it had been awarded a contract by the Ministry of Defence for the design and construction of 36 high-speed interceptor boats for the Indian Coast Guard. The contract is valued at Rs 977 crore. The order is part of the initiatives by the government to strengthen coastal security. The interceptor boats will feature aluminium-alloy hull construction with water jet propulsion to enable quick response.
The interceptors will also be able to operate effectively in shallow water, which is critical for near shore action. L&T will execute this order at its existing shipyard at Hazira, and at its new shipyard coming up at Katupalli near Ennore.
