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Within six weeks of having okayed a plan to make six next-generation stealth conventional submarines, the Ministry of Defence on Tuesday formally invited bids for the Rs 43,000 crore ($5.8 billion) project. - File photo
Tribune News Service
New Delhi, July 20
Within six weeks of having okayed a plan to make six next-generation stealth conventional submarines, the Ministry of Defence on Tuesday formally invited bids for the Rs 43,000 crore ($5.8 billion) project.
The Defence Acquisition Council (DAC), the apex decision-making body of the MoD headed by Defence Minister Rajnath Singh, had on June 4 okayed to issue a Request for Proposal (RFF). Today, the RFP was issued to selected Indian and global companies.