Garden Reach Shipbuilders emerges lowest bidder for Indian Navy's project
Government-owned shipbuilding company Garden Reach Shipbuilders (GRSE) has emerged as the lowest bidder, L-1 bidder for the Indian Navy's order worth over Rs 25,000 crore. The order is for the construction of Next Generation Corvettes.
As per GRSE, the total order size is likely to be Rs 40,000 crore, which will be split between two shipyard companies.
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