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Updated:19 Jun 2013 03:45:00 PM(IST)

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RELIANCE 831.70 [ +1.01% ]TCS 1427.70 [ -1.12% ]ICICIBANK 1086.70 [ -0.39% ]

     Sensex19245.70
     22.42 0.12%

     

     Nifty5822.25
     8.65 0.15%

     

     USD/INR57.87
     -0.34 -0.59%

     


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Pipavav Defence and Offshore Engineering Company secures order
Pipavav Defence and Offshore Engineering Company secures order Pipavav Defence and Offshore Engineering Company has secured a prestigious order to build two numbers of Offshore Patrol Vessels (OPVs) for the West African Client. The contract value is pegged at Rs 1192 crore with two option ships which can be exercised by the client within 24 months upon which the contract value may go up to Rs 2504 crore. Both the ships are to be delivered in 32 months including option ships, if exercised.

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