Home / India News / As Project 28 nears end, GRSE feels it's equipped to build more corvettes

As Project 28 nears end, GRSE feels it's equipped to build more corvettes

Besides being late, Project 28 is also over-budget - by an incredible 250 per cent

Premium

The last of the four corvettes built under Project 28, INS Kavaratti (pictured) will be commissioned before end-2019 — three years later than contracted. Photo: Reuters

Ajai Shukla Garden Reach (Kolkata)

4 min read Last Updated : Oct 03 2019 | 10:59 PM IST

Workmen bustle over INS Kavaratti, a sleek anti-submarine warfare (ASW) corvette nearing completion at Garden Reach Shipbuilders & Engineers (GRSE), Kolkata, on the monsoon-swollen Hooghly river. The last of four corvettes built under Project 28, Kavaratti will be commissioned before end-2019 — three years later than contracted.

Besides being late, Project 28 is also over-budget — by an incredible 250 per cent. The four corvettes were sanctioned for Rs 2,700 crore, but INS Kamorta, Kadmatt, Kiltan and Kavaratti will end up costing about Rs 7,000 crore in all.

Even so, there is no complaint from the Ministry of Defence (MoD), or from

Topics : Ministry of Defence Indian Defence

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in