Larsen & Toubro launches second offshore patrol vessel for Indian Navy

Engineering major Larsen & Toubro (L&T) on Monday said it has launched the second offshore patrol vessel (OPV) for the Navy at its greenfield defence shipyard in Kattupalli near Chennai.

An OPV is a long-range surface ship with helicopter operation capabilities. Its role includes coastal and offshore patrolling, policing maritime zones of India, control and surveillance, among others.

J D Patil, senior executive vice-president and whole-time director (Defence), L&T said OPV-2 is the ninth defence vessel launched by L&T in the current financial year, as per a company statement.

L&T, the first private Indian shipyard to construct and deliver OPVs for the Indian Coast Guard, received a Rs 14.32 billion (Rs 1,432-crore) order for design and construction of seven OPVs from the ministry of defence in March 2015.

"With in-house capabilities to undertake ship design, in-house manufacturing of critical marine equipment, world-class shipyard infrastructure and robust financial strength, L&T is uniquely placed to fulfil the ambitious fleet expansion plans of the Indian Navy and Coast Guard," Patil said.

OPV-2 was formally lowered into the waters of the Bay of Bengal on January 20, the statement said.

The first OPV was launched in October last year and is undergoing trials.

Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over $17 billion in revenue. It operates in over 30 countries worldwide.

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel