Mazagon Docks Limited
Mazagon Docks

Government-owned shipyard Mazagon Docks Limited (MDL) is likely to bag a deal for the construction of a new line of naval survey vessels. The contract is estimated to be worth Rs 2,300 crore. 

The Defence Acquisition Committee (DAC) will meet on Tuesday and various proposals, including the MDL contract, are likely to get the nod from Defence Minister Manohar Parrikar, who is currently in the process of reviewing the defence procurement process. He is likely to discuss further reforms on some purchase processes, the Economic Times reported.

"The defence ministry could give a go-ahead for the project," sources told the publication.

The DAC will also discuss procurement of new carbines, which is a long-arm firearm having a shorter barrel than a rifle. The Indian Army has retired its carbine long ago and is on the lookout for its replacement for several years.

A tender was earlier floated to import as many as 44,600 carbines. However, the project was halted mid-way since one of the three competitors, Israeli IWI, qualified and two others failed. 

"A final decision on going ahead with the project is expected shortly with the Army exploring an option to separate night sights with the main contract that will enable at least two or three competitors to qualify," the report added.

Mazagon Docks Limited, or MDL, is India's leading shipyard and is also called as "Ship builder to the Nation." Its main activities are construction of state-of-the-art warships and submarines. Situated in Mumbai, the shipyard also has a facility to do ship construction work.