Western India Shipyard bags order worth Rs.720 crore

Mumbai, Oct 7 (Calcutta Tube) Western India Shipyard Wednesday said it has bagged an order worth around Rs.720 crore to repair naval vessel INS Sujata.

The contract has a provision for further increase in the value of the contract by 15 percent. The assignment has to completed in the next 11 months.

In a statement, the company said it was in advance stages of discussion with ship owners such as the Shipping Corporation of India and the Dredging Corporation of India for long-term relationships.

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