SCI to buy 31 vessels for approximately Rs 1,281 crore

Shipping Corporation of India is planning to place order for 31 vessels at an estimated cost of Rs 1,280.71 crore in the current fiscal, while domestic and foreign firms are interested in bidding for two international shipyards in east and west co...

NEW DELHI: Shipping Corporation of India is planning to place order for 31 vessels at an estimated cost of Rs 1,280.71 crore in the current fiscal, while domestic and foreign firms are interested in bidding for two international shipyards in east and west coast, Lok Sabha was told on Wednesday.

In written reply to a query, Shipping Minister T R Baalu said SCI has so far placed orders for construction of six vessels in this fiscal which will be delivered between 2010-11 and the 12 vessels ordered in 2005-06 will be delivered between 2008-10.

The shipping giant had floated global tenders for the acquisition of 16 vessels, of which tenders for six vessels have been finalised.

Baalu said nine firms have evinced interest in constructing an international size shipyard in the east coast of the country while three have shown interest for building one in the west coast.
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