The Defence Ministry signed a ₹498.58 crore contract with Cochin Shipyard Limited to refit and repower the Indian Navy’s INS Betwa. The contract was signed in New Delhi on November 11, the ministry said in a release through the Press Information Bureau.
The ministry said it expects the project to involve more than 50 micro, small and medium enterprises. Its announcement concerns the signing of the contract and gives no completion date for the work.
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