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Press Releases 2020-2021

 

WESTERN TIMES (AHMEDABAD)
THURSEDAY, MARCH 31, 2021

 

PSU WATCH.COM
TUESDAY, MARCH 30, 2021

 

PIB.GOV.IN
TUESDAY, MARCH 30, 2021

 

MANGALORE MIRROR.COM
TUESDAY, MARCH 30, 2021

 

RAKSHA-ANIRVEDA.COM
TUESDAY, MARCH 30, 2021

 

ORISSADIARY.COM
TUESDAY, MARCH 30, 2021

 

PRESS RELEASE
GRSE Pays Interim Dividend of Rs. 44.10 Crores for FY 2020-21: Hands Over Dividend Cheque to Government of India

New Delhi, 30 Mar 21: GRSE, a Mini Ratna Defence PSU Shipyard has paid an interim dividend of Rs. 44.10 Crores for FY 2020-21 to its shareholders. The Interim Dividend Cheque amounting to Rs. 32,85,63,774/- as the government’s share was handed over to Hon’ble Raksha Mantri Shri Rajnath Singh, by Rear Admiral V K Saxena, IN (Retd.) Chairman & Managing Director of Garden Reach Shipbuilders & Engineers Ltd., Kolkata, today at New Delhi in the presence of Shri Raj Kumar Secretary (Defence Production).

Notwithstanding the impact of COVID 19 pandemic, GRSE has declared an interim dividend of Rs. 3.85 per equity share of Rs.10 for FY 20-21. GRSE has been consistent in paying dividend to the Shareholders and has done so every year for the last 27 years.

Since its inception in 1960, GRSE has the distinction of being the only Defence Shipyard to have delivered more than 100 warships (107 warships as on date). The shipyard has an order book position which stands at Rs. 25,887 crores as on 31 Dec 20.

   
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THE MORNING STANDARD, NEW DELHI
FRIDAY, MARCH 26, 2021

 

THE NEW INDIAN EXPRESS, BANGALORE, CHENNAI & HYDERABAD
FRIDAY, MARCH 26, 2021

 

THE INDIAN EXPRESS, KOLKATA
FRIDAY, MARCH 26, 2021

 

AVIATION & DEFENCE UNIVERSE
THURSDAY, MARCH 25, 2021

 

PSU WATCH
THURSDAY, MARCH 25, 2021

 

PRABHAT KHABAR, KOLKATA
THURSDAY, MARCH 25, 2021

 

MILLENIUM POST
THURSDAY, MARCH 25, 2021

 

PRESS RELEASE
GRSE Celebrates International Women’s Day

Kolkata, 24 Mar 21: Garden Reach Shipbuilders and Engineers Ltd., (GRSE), a leading warship building and Mini-ratna Category 1 Company, celebrated International Women’s Day 2021 with all its women workforce. The Chief Guest for the programme was Rear Admiral V.K. Saxena, IN (Retd.), Chairman & Managing Director GRSE. Cmde S.Nayyar, IN (Retd.), Director (Shipbuilding) and Senior Management of GRSE were also present on the occasion. Two eminent Speakers, Pravarajika Ashis Prana, Sri Sarada Math and Dr. Mallavika Desai, Coach, Trainer & Strategic HR Partner, addressed the ladies and shared their insights. The programme ended with a cultural extravaganza by the lady employees.

 
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AVIATION & DEFENCE
MONDAY, MARCH 22, 2021

 

PRESS RELEASE
GRSE CSR EVENT- INAUGURATION OF NEW FACILITIES CONSTRUCTED AT R.B INSTITUTE FOR SPECIAL CHILDREN

Kolkata, 22 Mar 21: GRSE has undertaken a CSR project for the construction of R.B Institute for 45 special children. This facility is the only government aided facility for children with 90% to 40% disability. Without proper maintenance, the school building was so dilapidated that it was difficult to conduct classes there. GRSE has conducted one class room and one hall. An auditorium cum prayer room was also renovated as per the GRSE’s CSR initiative. The facilities were inaugurated on 19 March 2021 by Cmde PR Hari, IN (Retd.), Director (Personnel), GRSE Ltd. along with other senior level officials of GRSE. The children performed a colourful cultural programme during the event.

   

 

DEFENCE AVIATION POST
FRIDAY, MARCH 19, 2021

 

TRINITY MIRROR
FRIDAY, MARCH 19, 2021

 

ETV BHARAT
FRIDAY, MARCH 19, 2021

 

DEFENSE WORLD.NET
FRIDAY, MARCH 19, 2021

 

SWARAJYA
FRIDAY, MARCH 19, 2021

 

BHARAT MAHAN
FRIDAY, MARCH 19, 2021

 

FORCE INDIA
FRIDAY, MARCH 19, 2021

 

BUSINESS NEWS THIS WEEK
FRIDAY, MARCH 19, 2021

 

MEDIA BULLETINES
FRIDAY, MARCH 19, 2021

 

NET INDIAN
FRIDAY, MARCH 19, 2021

 

B4U MEDIA
FRIDAY, MARCH 19, 2021

 

TIMES OF INDIA, KOLKATA
FRIDAY, MARCH 19, 2021

 

TIMES SUNDAY GUARDIUN, NEW DELHI
FRIDAY, MARCH 19, 2021

 

MORNING INDIA, KOLKATA
FRIDAY, MARCH 19, 2021

 

MILLENIUM POST, KOLKATA
FRIDAY, MARCH 19, 2021

 

AVIATION DEFENCE UNIVERSE
THURSDAY, MARCH 18, 2021

 

DD NEWS
THURSDAY, MARCH 18, 2021

 

THE NEWS STRIKE
THURSDAY, MARCH 18, 2021

 

THE AVIATION MIRROR
THURSDAY, MARCH 18, 2021

 

INDIA AHEAD
THURSDAY, MARCH 18, 2021

 

LATESTLY
THURSDAY, MARCH 18, 2021

 

OUTLOOK
THURSDAY, MARCH 18, 2021

 

DEVDISOURCE
THURSDAY, MARCH 18, 2021

 

YAHOO NEWS
THURSDAY, MARCH 18, 2021

 

PRESS TRUST OF INDIA
THURSDAY, MARCH 18, 2021

 

THE WEEK
THURSDAY, MARCH 18, 2021

 

FAST MAIL NEWS
THURSDAY, MARCH 18, 2021

 

INDIAN REPORTING
THURSDAY, MARCH 18, 2021

 

MONEY CONTROL
THURSDAY, MARCH 18, 2021

 

DAILYHUNT
THURSDAY, MARCH 18, 2021

 

REPUBLICWORLD.COM
THURSDAY, MARCH 18, 2021

 

THE ECONOMIC TIMES
THURSDAY, MARCH 18, 2021

 

IN SAMACHAR
THURSDAY, MARCH 18, 2021

 

THE TRIBUNE
THURSDAY, MARCH 18, 2021

 

THE TRIBUNE
THURSDAY, MARCH 18, 2021

 

NAV BHARAT TIMES
THURSDAY, MARCH 18, 2021

 

HINDUSTAN
THURSDAY, MARCH 18, 2021

 

DELHI NCR NEWS
THURSDAY, MARCH 18, 2021

 

NEWSDIG
THURSDAY, MARCH 18, 2021

 

LIVE AARYAAVART.COM
THURSDAY, MARCH 18, 2021

 

NDTV
THURSDAY, MARCH 18, 2021

 

THE STATESMAN
THURSDAY, MARCH 18, 2021

 

PRABHASAKSHI
THURSDAY, MARCH 18, 2021

 

THE FACT NEWS
THURSDAY, MARCH 18, 2021

 

THE DAILY GUARDIAN
THURSDAY, MARCH 18, 2021

 

THE DAILY GUARDIAN
THURSDAY, MARCH 18, 2021

 

PRESS RELEASE
GRSE BUILT INDIGENOUS WARSHIP, INLCU L58 COMMISSIONED

Kolkata, 18 Mar 21: IN LCU L-58, the 8th and the last ship under Project LCU Mark IV, delivered by the shipyard on 31 Dec 2020 was commissioned today at Port Blair in the august presence of Lieutenant General Manoj Pande, AVSM, VSM. (CINCAN – Commander-in-Chief Andaman & Nicobar Command). The ceremony was attended by Rear Admiral VK Saxena, IN (Retd), Chairman & Managing Director, GRSE and other senior officials of the Indian Navy and GRSE.

Over the last 60 years, GRSE has delivered 788 platforms which include 107 warships, of which 70 were for the Indian Navy, 35 for the Indian Coast Guard, 01 for the Government of Mauritius and 01 for Seychelles Coast Guard which is the highest number of warships built & delivered by any shipyard in the country. The yeoman service rendered by the shipyard to enhance the maritime security of our nation is evident from the fact that the maximum number of ships protecting our maritime interests are built by GRSE.

The entire design of the 08 Landing Craft Utility (LCU) Mark IV ships has been developed in-house by GRSE as per requirements specified by Indian Navy including a speed of 15 knots. LCU MK-IV is an amphibious ship with its primary role being transportation and deployment of Main Battle Tanks, Armored Vehicles, troops and equipment from ship to shore. The ships are equipped with Bow Ramps to enable loading/unloading of combat equipment and vehicles upon beaching. These are biggest & fastest Landing Craft Utility vessels worldwide in its category. The shipyard has once again achieved the distinction of over 90% indigenous equipment fit on these ships. These ships based at the Andaman and Nicobar Command, can be deployed for multirole activities like beaching operations, search and rescue, disaster relief operations, supply and replenishment and evacuation from distant islands. The LCU is 63 m in length and 11 m wide and has a displacement of 830 T with a low draught of 1.7 m. The LCU is designed to accommodate 216 personnel and is equipped with two Indigenous CRN 91 Guns to provide artillery fire support during landing operations. The ship is fitted with state-of-the-art equipment and advanced systems like Integrated Bridge System (IBS) and Integrated Platform Management System (IPMS).

Since its takeover by the Government of India in 1960, GRSE has delivered high end warships ranging from Fast Patrol Vessels, Survey Vessels, Landing Ship Tanks, Landing Craft Utility, Fleet Tanker to Frigates and Missile/ASW Corvettes. The shipyard has also made significant advancement towards self-reliance in state-of-the-art warship design and construction and furthered ‘Atmanirbhar’ Abhiyaan by achieving over 90% indigenous content onboard ASW Corvettes and Landing Craft Utility ships. Having modernized its infrastructure facilities, today GRSE is in a position to construct 20 warships concurrently using Advanced Modular Integrated Shipbuilding Technology in line with the best in the world.

GRSE is currently handling construction of 16 ships as part of four ongoing projects. Three of these projects are for the Indian Navy and one is for the Republic of Guyana. The three projects of the Indian Navy include construction of 03 Advanced Stealth Frigates under the prestigious project 17 A, the Survey Vessels (Large) & ASW-Shallow Water Crafts.

 
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KALEIDO SCOPE
MARCH, 2021

 

THE SUNDAY GUARDIAN, NEW DELHI
SATURDAY, MARCH 13, 2021

 

INDIA EVERYDAY.COM
THURSDAY, MARCH 11, 2021

 

THE MORNING STANDARD, NEW DELHI
TUESDAY, MARCH 09, 2021

 

THE NEW INDIAN EXPRESS, ALL EDITIONS
TUESDAY, MARCH 09, 2021

 

AEROMAG ASIA
MONDAY, MARCH 08, 2021

 

BUSINESS NEWS THIS WEEK
MONDAY, MARCH 08, 2021

 

MEDIA BULLETINS.COM
MONDAY, MARCH 08, 2021

 

OUTLOOK INDIA.COM
MONDAY, MARCH 08, 2021

 

LATESTLY.COM
MONDAY, MARCH 08, 2021

 

NEWS.YAHOO.COM
MONDAY, MARCH 08, 2021

 

UDAYAVANI.COM
MONDAY, MARCH 08, 2021

 

DEVDISCOURSE.COM
MONDAY, MARCH 08, 2021

 

NAVBHARAT TIMES.COM
MONDAY, MARCH 08, 2021

 

INDIAN POLITICS
SUNDAY, MARCH 07, 2021

 

APN NEWS.COM
SUNDAY, MARCH 07, 2021

 

PNI NEWS.COM
SUNDAY, MARCH 07, 2021

 

INDIA DEFENSE NEWS
SUNDAY, MARCH 07, 2021

 

MORNING INDIA, KOLKATA
SUNDAY, MARCH 07, 2021

 

EQUITY BULLS.COM
SATURDAY, MARCH 06, 2021

 

DEFENCE AVIATION POST
SATURDAY, MARCH 06, 2021

 

FORCE INDIA.NET
SATURDAY, MARCH 06, 2021

 

PRABHAT KHABAR, KOLKATA
SATURDAY, MARCH 06, 2021

 

SANMARG, KOLKATA
SATURDAY, MARCH 06, 2021

 

AVIATION DEFENCE UNIVERSE.COM
FRIDAY, MARCH 05, 2021

 

DEFENSE WORLD
FRIDAY, MARCH 05, 2021

 

RAKSHA ANIRVEDA.COM
FRIDAY, MARCH 05, 2021

 

PSU WATCH
FRIDAY, MARCH 05, 2021

 

INDIA BLOOMS
FRIDAY, MARCH 05, 2021

 

E PUNE METRO.COM
FRIDAY, MARCH 05, 2021

 

PRESS RELEASE
GRSE Lays Keel of 3rd Ship of Prestigious Project 17A Advanced Stealth Frigate

Kolkata, 05 Mar 21: Garden Reach Shipbuilders and Engineers Limited (GRSE) achieved a major milestone with ‘laying of the Keel’ of Yard 3024 a ship of the Advanced Stealth Frigate Project, P 17A. As per GRSE tradition, the Keel was laid by a senior operative Shri. Mithailal Pasi, Structural Fitter of Shipbuilding Shop at the Main Works Unit of GRSE, in the august presence of Vice Admiral Sandeep Naithani, AVSM, VSM, Controller of Warship Production & Acquisition (CWP&A), Indian Navy and Rear Admiral GK Harish, VSM, Director General of Naval Design. The occasion was graced by Rear Admiral VK Saxena, IN (Retd.), Chairman & Managing Director, GRSE, Cmde. Sanjeev Nayyar, IN (Retd), Director (Shipbuilding), Cmde. PR Hari, IN (Retd), Director (Personnel) and Shri. RK Dash, Director (Finance)and other senior officials of the Indian Navy and GRSE.

The contract for construction of three Stealth Frigates under Project 17A is the largest ever order awarded to the shipyard by the Ministry of Defence with a value of over Rs.19293 crores. The shipyard despite all challenges amid Covid – 19 pandemic, launched 1st ship of P17A Stealth Frigate “INS Himgiri” ahead of schedule on 14 Dec 20. The Keel laying of Yard 3024 has also been achieved ahead of schedule. It is important to note that the Keels for both 1st & 2nd ships viz, Yard 3022 and Yard 3023 were also laid ahead of schedule on 10 Nov 18 and 24 Jan 20 respectively.

The important milestones of ship building involve the process of Cutting of steel which is called the ‘Start Production’ stage followed by ‘Keel laying’ subsequent to which, the other blocks are built around the keel block. The next phase is launching, when the Ship is placed in water for the first time, Subsequently, the ship is outfitted with equipment and systems post launch, followed by trials of equipment. On completion of all trials and once the compartments are ready, the ship is delivered to customer.

P17A ships shall be the most advanced state-of-the-art Guided Missile Frigates, 149 m long, with a displacement of approximately 6670 T and advanced CODOG Propulsion enabling speed of over 28 knots. These complex platforms are equipped with a powerful weapon & sensor package capable of neutralising threats in all three dimensions ofAir, Surface & Sub-surface. P17A Stealth Frigates are being built using Integrated Construction Methodology with enhanced pre-outfitting to enhance quality and reduce build periods. M/s Fincantieri, Italy is the Knowhow Provider for Technology Upgrade and Capability Enhancement in this project. An advanced PDM-PLM system is being implemented at GRSE to manage the project over its life cycle.

Since its takeover by the Government of India in 1960, GRSE has delivered high end warships ranging from Fast Patrol Vessels, Survey Vessels, Landing Ship Tanks, Landing Craft Utility, Fleet Tanker to Frigates and Missile/ASW Corvettes. The shipyard has made a significant advancement towards self-reliance in state-of-the-art warship design and construction and furthered ‘Atmanirbhar’ abhiyaan by achieving over 90% indigenous content onboard ASW Corvettes and Landing Craft Utility ships. Having modernised its infrastructure facilities, today GRSE is in a position to construct 20 warships concurrently using Advanced Modular Integrated Shipbuilding Technology in line with the best in the world.

GRSE’s Design Unit has been recognized by Dept. of Scientific & Industrial Research (DSIR). The complete designs of LCUs, Water Jet FACs, Survey Vessel (Large) and ASW - SWCs have been developed by the 100+ member Strong Design Team. The 3D Virtual Reality Lab at GRSE aids in identification of Design/ Construction issues at early Design Stage. GRSE has proven design capabilities to integrate systems onboard its platforms to meet specific needs of its customers.

GRSE is currently executing two more major projects of Indian Navy pertaining to construction of 04 Survey Vessel Large ships and 08 ASWSWC ships apart from the 03 P17A ships. The Shipyard also received an Export Order from Govt of Guyana for Design, Construction and Delivery of 01 Ocean Going Passenger cum Cargo Ferry Vessel and delivered FPV “SGPS Zoroaster” to Govt. of Seychelles.With proven export credentials backed by a healthy order book, the shipyard is well on its way to realise its vision of being a global leader in shipbuilding!

 
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THE NEW INDIAN EXPRESS, ALL EDITIONS
MONDAY, MARCH 01, 2021

 

THE SUNDAY STANDARD, NEW DELHI
MONDAY, MARCH 01, 2021

 

INDIA BLOOMS.COM
SUNDAY, FEBRUARY 28, 2021

 

PSU CONNECT.IN
SUNDAY, FEBRUARY 28, 2021

 

MORNING INDIA, KOLKATA
SATURDAY, FEBRUARY 27, 2021

 

PRABHAT KHABAR, KOLKATA
SATURDAY, FEBRUARY 27, 2021

 

PSU WATCH.COM
FRIDAY, FEBRUARY 26, 2021

 

RAKSHA ANIRVEDA.COM
FRIDAY, FEBRUARY 26, 2021

 

PRESS RELEASE
GRSE’s Presence at IDEX 2021

Kolkata, 26 Feb 21: Garden Reach Shipbuilders & Engineers Ltd, participated in the IDEX 2021, Abu Dhabi, United Arab Emirates (UAE) held from 21st to 25th Feb 21. In furtherance of Hon Prime Minister of India’s vision of SAGAR (Security and Growth for All in the Region) towards Maritime Security and Co-operation, the participation furthered the foot print in Gulf region of the shipbuilding prowess of GRSE and it aided exploring avenue for synergy and partnerships for the niche naval shipbuilding market in the Middle East. The Defence PSU played the pivotal role in setting up the India Pavilion during the exhibition. H E Shri Pawan Kapoor, Ambassador of India inaugurated India Pavilion at IDEX 2021 in the august presence of CMD GRSE, DGNO Indian Navy Vice Admiral Dinesh Tripathi, CMD BDL, Director (CP) MDL & other dignitaries from DRDO and OFB.

GRSE leveraged the occasion to strike deals and inked three agreements during IDEX 21 towards ‘Mutual Co-operation in Shipbuilding Project in the Defence and Maritime Sector in MENA region. These MOU/agreements were entered with Abu Dhabi Shipbuilding Company, UAE, and two local companies from Egypt and UAE.

India Pavilion also witnessed visits of several dignitaries which included Sheikh Saif Bin Zayed, Interior Minister of UAE and Mr Charalambos Petrides, Hon'ble Defence Minister, Republic of Cyprus. The India Pavilion was honoured by the visit of His Excellency “Sheikh Mohammed bin Zayed bin Sultan AI Nahyan, the Crown Prince of the Emirates of Abu Dhabi, Sheikh Khalid bin Ibrahim Al Qasimi from the Royal family of the Ras Al Khaima, Algerian delegation led by their Air Chief & Chief of Staff- Navy, Defence Attaché- Japan in UAE.

GRSE is an integral part of defence preparedness of the country aimed at self-reliance and has achieved more than 90% indigenization on its recent projects of Anti-Submarine Corvettes and Landing Crafts. The company is a multidimensional engineering company ensuring high quality, at competitive prices. With a robust order book and continuous initiatives taken towards infrastructure and skill development, GRSE has won shipbuilding orders for exports and is now poised to grow into a major shipbuilding company of the world and duly realize its vision ‘To become a World Class Shipbuilding & Engineering Company with a Global footprint’.

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AVIATION DEFENCE UNIVERSE.COM
TUESDAY, FEBRUARY 16, 2021

 

AEROMAG ASIA.COM
TUESDAY, FEBRUARY 16, 2021

 

THE NEW INDIAN EXPRESS, ALL EDITIONS
TUESDAY, FEBRUARY 16, 2021

 

THE MORNING STANDARD, NEW DELHI
TUESDAY, FEBRUARY 16, 2021

 

HINDUSTAN, NEW DELHI
TUESDAY, FEBRUARY 16, 2021

 

JANSATTA, KOLKATA
TUESDAY, FEBRUARY 16, 2021

 

PRABHAT KHABAR, KOLKATA
TUESDAY, FEBRUARY 16, 2021

 

PRESS RELEASE
GRSE executes another Export Order: Delivers 01 FPV to Govt. of Seychelles

Kolkata, 15 Feb 21: “SCGS Zoroaster”, a Fast Patrol Vessel (FPV) built by Garden Reach Shipbuilders and Engineers Limited (GRSE), Kolkata, a Mini Ratna Category 1 & leading shipyard of the country, was delivered to the Coast Guard of Seychelles, the archipelagic island country today, taking the count of warships delivered by GRSE to a record 107. Delivery of this ship today signifies a breakthrough in the company’s journey towards becoming a global player in the warship building arena and bears testimony to the trust; foreign countries are reposing in this Indian shipyard’s abilities. Recently, GRSE also bagged an order for construction & supply of 01 Ocean Going Passenger & Cargo Vessel for Republic of Guyana.

The Protocol of delivery and acceptance was signed between Rear Admiral VK Saxena, IN (Retd.), Chairman & Managing Director, GRSE and Lt. Cdr Aditya, Commanding Officer (Desig) in the presence of Cmde Sanjeev Nayyar, IN (Retd), Director (Shipbuilding), Cmde P R Hari, Director (Personnel) and Shri RK Dash, Director (Finance) and other Senior Officials of GRSE, Indian Navy and Indian Coast Guard.

The SCG Ship ‘Zoroaster’, a Fast Patrol Vessel, is a powerful, fuel-efficient platform designed to perform multipurpose operations, such as patrolling, anti-smuggling, anti-poaching, and search and rescue (SAR). With a maximum speed of 34 knots and an endurance of more than 1500 nautical miles, this50 m FPV with a waterjet propulsion system and advanced controls has the capability to undertake Maritime Missions of the Seychelles Coast Guard. The ship is also fitted with a 40/60 gun as the main armament. The vessel will also flaunt improved habitability features with fully air-conditioned modular accommodation for 35 personnel. The overall design of the FPV has been developed in-house by GRSE.

GRSE also has the experience of delivering CGS Barracuda, a multipurpose compact Offshore Patrol Vessel to Mauritius Coast Guard, thereby becoming the first Indian shipyard to have exported a warship, way back in 2015, when the ship was commissioned.

Since its inception as a DPSU in 1960, GRSE has built 788 platforms which include 107 warships to Maritime forces, which is highest number of warships built & delivered by any shipyard in the country, till date.

GRSE has the capability to construct 20 ships concurrently, using its modernized infrastructure and ‘Modular Integrated Construction Philosophy’. Further, the dedicated, multi disciplinary, strong Design Team of the shipyard is continuously working towards developing various concept designs for ships that can cater to the current and future requirements of Indian Navy and Indian Coast Guard.

GRSE also has a dedicated Ship Repair facility, which is fully geared to undertake refits of ships. Apart from shipbuilding & ship repairs, GRSE has diversified into Engineering Business, with a product profile of Pre-fabricated Steel Bridges, various Deck Machinery Items such as Anchor Capstans, Boat Davits, Pumps etc & Assembly/ Testing/ Overhauling of MTU Diesel Engines.

 

THE TIMES OF INDIA, KOLKATA
MONDAY, FEBRUARY 15, 2021

 

PSU WATCH.COM
MONDAY, FEBRUARY 15, 2021

 

OUTLOOK INDIA.COM
MONDAY, FEBRUARY 15, 2021

 

PSU CONNECT.IN
MONDAY, FEBRUARY 15, 2021

 

LATESTLY.COM
MONDAY, FEBRUARY 15, 2021

 

NEWS.YAHOO.COM
MONDAY, FEBRUARY 15, 2021

 

NAVBHARAT TIMES.COM
MONDAY, FEBRUARY 15, 2021

 

LOKMAT NEWS.COM
MONDAY, FEBRUARY 15, 2021

 

MINT, ALL EDITIONS
FRIDAY, FEBRUARY 12, 2021

 

THE FREE PRESS JOURNAL, MUMBAI
WEDNESDAY, FEBRUARY 10, 2021

 

THE TIMES OF INDIA, KOLKATA
WEDNESDAY, FEBRUARY 10, 2021

 

PRABHAT KHABAR, KOLKATA
WEDNESDAY, FEBRUARY 10, 2021

 

Garden Reach Shipbuilders & Engineers Limited announces Q3 of FY21 Results

 

BARTAMAN, KOLKATA
TUESDAY, FEBRUARY 09, 2021

 

THE STATESMAN, KOLKATA
MONDAY, FEBRUARY 08, 2021

 

FORCE INDIA
MONDAY, FEBRUARY 08, 2021

 

AVIATION DEFENCE UNIVERSE
SUNDAY, FEBRUARY 07, 2021

 

THE ECHO OF INDIA, KOLKATA
SUNDAY, FEBRUARY 07, 2021

 

THE NEW INDIAN EXPRESS, ALL EDITIONS
SUNDAY, FEBRUARY 07, 2021

 

THE SUNDAY STANDARD, NEW DELHI
SUNDAY, FEBRUARY 07, 2021

 

PRABHAT KHABAR, KOLKATA
SUNDAY, FEBRUARY 07, 2021

 

MORNING INDIA, KOLKATA
SATURDAY, FEBRUARY 06, 2021

 

PRABHAT KHABAR, KOLKATA
SATURDAY, FEBRUARY 06, 2021

 

THE CHANAKYA AEROSPACE
FEBUARY 2021

 

AEROMAG ASIA
JANUARY - FEBUARY 2021

 

OUTLOOK INDIA.COM
FRIDAY, FEBRUARY 05, 2021

 

INDIA BLOOMS.COM
FRIDAY, FEBRUARY 05, 2021

 

LATESTLY.COM
FRIDAY, FEBRUARY 05, 2021

 

REPUBLIC WORLD.COM
FRIDAY, FEBRUARY 05, 2021

 

THE WEEK.IN
FRIDAY, FEBRUARY 05, 2021

 

YAHOO.COM
FRIDAY, FEBRUARY 05, 2021

 

DEVDISCOURSE.COM
FRIDAY, FEBRUARY 05, 2021

 

PSU CONNECT.IN
FRIDAY, FEBRUARY 05, 2021

 

PSU WATCH.COM
FRIDAY, FEBRUARY 05, 2021

 

NAVY RECOGNITION.COM
FRIDAY, FEBRUARY 05, 2021

 

AVIATION DEFENCE UNIVERSE
FRIDAY, FEBRUARY 05, 2021

 

PRESS RELEASE
GRSE inks Ten Strategic Collaborations at Aero India 2021

Kolkata, 05 Feb 21: Garden Reach Shipbuilders & Engineers Ltd. signed strategic MoUs as part of the ‘BANDHAN’ initiative at Aero India 2021, Bengaluru, that will help the shipyard boost its Shipbuilding and Ship Repair capabilities and identify and explore synergies and partnerships for the niche ‘portable steel bridges’ market in India and neighbouring countries.

The Ten MoUs include one for ‘Transfer of Technology’ for Diesel Engine Infrared Signature Suppression System with M/s NSTL, Vishakhapatnam, one MoU with M/s Sterling PlanB Energy Solutions, Vancouver, Canada for Energy Storage Solutions for Electric/ Hybrid Propulsion in Ships and another with M/s GE Power for Development of Electric/ Hybrid Propulsion for Naval Platforms. In pursuit of the export market an MoU was signed with M/s ASSL, Bangladesh for Cooperation in Shipbuilding.

Other MoUs include collaborations with M/s NHIDCL for Supply of Bailey Bridges, with M/s ECT Marine, Netherlands for Design of Contemporary Dredgers, with M/s CAS Electrical & Automation Pvt Ltd. for Product Development and Service Support for Helo Handling Systems, with IIT Kanpur for Aerodynamic Studies in Ship Design, with M/s Abhyudha Bharat Defence Cluster for Indigenization of Components, with M/s Island Ship Repairers for Purpose of Ship Repairs.

Business strategies being adopted by the shipyard include optimum utilization of shipyard capabilities, as well as capacity and cutting down cost for shipbuilding projects of Indian Navy and Indian Coast Guard. Currently, GRSE is also exploring the Non-Defence shipbuilding market for constructing special ships like Pollution Control Vessels, Air Cushion Vehicles, Research Vessels, Dredgers and Boats for MHA, River crafts for Inland Waterways Authority of India etc. Moreover, GRSE plans to upgrade and expand the business of Pre-fabricated Steel Bridges, Engine and Engineering products. The shipbuilder’s strategies revolve around shifting to smart manufacturing (Industry 4.0), sparking innovations in automation, robotics and the industrial internet of things. The company is hopeful that introducing Artificial Intelligence, Machine Learning, Interoperability and secured connectivity enabling real time monitoring, control and optimization of processes, resources and systems - shall enable workload consolidation across Design, Production & Supply Chain Management, significantly in the future.

GRSE is actively pursuing its goal to become an integral part of defence preparedness of the country aimed at self-reliance and has achieved more than 90% indigenization on its recent projects of Anti-Submarine Corvettes and Landing Crafts. The company is a multidimensional engineering company ensuring high quality, at competitive prices. With a robust order book and continuous initiatives taken towards infrastructure and skill development along with relentless pursuit of exports, GRSE is now poised to grow into a major shipbuilding company of the world and duly realize its vision ‘To become a World Class Shipbuilding & Engineering Company’.

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PRESS RELEASE
GRSE Signs Contract for 01 FPV for Government of Seychelles

04 Feb 21: A contract for delivering 01 Fast Patrol Vessel (FPV) was signed between Garden Reach Shipbuilders and Engineers Ltd (GRSE) and Government of Seychelles. Signing of this prestigious contract, that occurred within just a month of the shipyard concluding a contract for01 Ocean Going Passenger & Cargo Ferry Vessel with Govt of Guyana, signifies a breakthrough in the company’s journey towards becoming a global player in the warship building arena andbears testimony to the trust; foreign countries are reposing in this Indian shipyard’s abilities. The Fast Patrol Vessel will be delivered to Coast Guard of Seychelles, the archipelagic island country.

The SCG Ship ‘Zoroaster’, a Fast Patrol Vessel, will be a powerful, fuel-efficient platform designed to perform multipurpose operations, such as patrolling, anti-smuggling, anti-poaching, and search and rescue (SAR). With a maximum speed of 34 knots and an endurance of more than 1500 nautical miles, this50 m FPV with a waterjet propulsion system and advanced controls has the capability to undertake Maritime Missions of the Seychelles Coast Guard including timely interceptions. The ship is also fitted with a 40/60 gun as the main armament. It will also flaunt improved habitability features with fully air-conditioned modular accommodation for 35 personnel. The overall design of the FPV has developed in-house by GRSE.

GRSE also has the experience of delivering CGS Barracuda, a multipurpose compact Offshore Patrol Vessel to Mauritius Coast Guard, thereby becoming the first Indian shipyard to have exported a warship.

Since its inception as a DPSU in 1960, GRSE has built 787 platforms which include 106 warships to Maritime forces, which is highest number of warships built & delivered by any shipyard in the country.

GRSE has the capability to construct 20 ships concurrently, using its modernized infrastructure and ‘Modular Integrated Construction Philosophy’. Further, the dedicated, multi disciplinary, strong Design Team of the shipyard is continuously working towards developing various concept designs for ships that can cater to the current and future requirements of Indian Navy and Indian Coast Guard.

GRSE also has a dedicated Ship Repair facility, which is fully geared to undertake refits of ships. Apart from shipbuilding & ship repairs, GRSE has diversified into Engineering Business, with a product profile of Pre-fabricated Steel Bridges, various Deck MachineryItems such as Anchor Capstans, Boat Davits, Pumps etc & Assembly/ Testing/ Overhauling of MTU Diesel Engines.

 

 

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PRESS RELEASE
GRSE observes Republic Day 2021

Kolkata, 26 Jan 21: Garden Reach Shipbuilders & Engineers Ltd celebrated 72nd Republic Day at its 61 Park Unit, maintaining all Covid protocols. Rear Admiral VK Saxena, IN (Retd.), Chairman & Managing Director, GRSE, Kolkata, hoisted the National Flag at the newly built GRSE Bhavan. Cmde. Sanjeev Nayyar, IN (Retd), Director (Shipbuilding), Cmde. P R Hari, IN (Retd), Director (Personnel), Shri. R.K Dash, Director (Finance) and other Senior Officials of GRSE were present on the Occasion.

Rear Admiral VK Saxena, IN (Retd.), Chairman & Managing Director, GRSE, in his welcome address, applauded all officers, workers and CISF personnel for working together to see the company sail through the difficult times during the pandemic. He also stated that despite all challenges, GRSE launched, delivered & commissioned warships. With the delivery of IN LCU L-58 to the Indian Navy on 31 Dec 2020, GRSE is the only Shipyard to have delivered 106 warships to Indian Maritime Forces. GRSE has achieved other milestones during Dec 2020 with the Launching of 1st Ship of P17A Stealth Frigate “Himgiri” ahead of schedule, Keel Laying of 2nd Survey Vessel Large, and the Start Production of 1st Ship of eight in the series Anti-Submarine Warfare Shallow Water Crafts (ASWSWCs). He further stated that 2021 started off well for GRSE as the Shipyard bagged the export order for 01 Ocean Going Passenger & Cargo Ferry Vessel for Republic of Guyana. He concluded his speech stating that GRSE has been in the service of the nation protecting the maritime zones and aiding the land forces with its diversified product profile. Also on the current pandemic which hit the world last year, CMD GRSE expressed hope on the development of vaccine and mentioned that it is just a matter of time before we overcome the challenging situation at hand.

GRSE continues to sail on a growth trajectory moving towards Industry 4.0 with incorporation of latest technologies like Artificial Intelligence, Machine Learning and Data Analytics in its areas of operation to improve internal efficiencies & profit margins.

Jai Hind!

 
…………………………………………

 

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PRESS RELEASE
GRSE Signs Contract for 01 Ocean Going Passenger & Cargo Ferry Vessel for Republic of Guyana

Kolkata, 14 Jan 21: It was a huge boost for the export initiatives of GRSE, when the Harbour Department, Ministry of Public Works, Govt of Guyana signed the contract with the shipyard on 13 Jan 21, to build an Ocean-Going Vesselat a cost of 12.7 MUS$.

The 1700 tons(appx) vessel is to be used on the Coastal and Riverine Areas of Guyana, and shall be equipped with two Caterpillar Marine Diesel Engines coupled with Twin Disc Reduction Gear Boxes to achieve 15 knots speed.

GRSE has been a pioneer warship builder of the nation having delivered the highest number of warships till date, since its inception as a DPSU in 1960. The 106 warships built by GRSE so far range from Advanced Frigates to Anti-Submarine Warfare Corvettes to Fleet Tankers, Fast Attack Crafts etc. with the Shipyard having many firsts to its credit including the unique achievement of having exported the first warship by an Indian Shipyard, CGS Barracuda to Mauritius.

GRSE has the capability to construct 20 ships concurrently, spread across its three production locations and having modernized its infrastructure with Modular Integrated Facility. This Project shall further consolidate GRSE’s position as a unique shipyard with all round capability to design and build warships and vessels for export with State-of-the-Art Technology. GRSE in the recent past has delivered 14 Warships in 42 months which clocks an average of a delivery every three months, a no mean feat.

The export initiative of the shipyard have gained momentum with the award of this order and it is expected that the coming years will see a marked rise in its export orderbook.

   

 

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PRESS RELEASE
GRSE Delivers 106th Warship: LCU L-58 Bids Adieu to 2020, Achieving A Double Milestone

Kolkata, 31 Dec 20: Garden Reach Shipbuilders and Engineers Ltd., (GRSE), a leading warship building and Mini-ratna Category 1 Company under the administrative control of the Ministry of Defence, tops off year 2020 with “Delivery” of the “Last of Eight LCU Project” & “Start Production” of the First Ship of Eight ASWSWC Project.

GRSE delivered IN LCU L-58 (Yard 2099), eighth and last in the series of Landing Craft Utility Ships to the Indian Navy. This ship is the 106th Warship built and delivered by GRSE so far, since its inception in 1960, the highest no. of warships delivered by any Indian Shipyard till date.

The Protocol of delivery and acceptance was signed between Rear Admiral VK Saxena, IN (Retd.), Chairman & Managing Director, GRSE and Lt Cdr Krishan Kumar Yadav in the presence of Cmde Sanjeev Nayyar, IN (Retd), Director (Shipbuilding), Cmde P R Hari, Director (Personnel) and Shri RK Dash, Director (Finance) and other Senior Officials of GRSE and Indian Navy.

The LCU is the third ship delivered by GRSE in 2020, no mean feat considering the operational constraints imposed by the global pandemic of COVID 19. The Shipyard has delivered 14 ships in the last 42 months which clocks an average of 3 months per ship. The complete design of the LCU Mark IV ships has been developed in-house by GRSE as per requirements specified by the Indian Navy which necessitate a unique design with no precedence worldwide. The 62.8 m long and 11 m wide LCU has a displacement of 830 T and can achieve a speed of 15 knots. The LCU is designed to accommodate 216 personnel and is equipped with Two Indigenous CRN 91 Guns to provide Artillery Fire support during landing operations. The ship is fitted with State-of-the-Art Equipment and Advanced Systems like the Integrated Bridge System (IBS) and the Integrated Platform Management System (IPMS). In line with the Govt. of India’s Make In India Initiative towards Self Reliance & Indigenisation efforts, the LCU Mark IV Class of Ships are fitted with close to 90% indigenous equipment fit and multiple innovations.

LCU L-58 being delivered by GRSE today to the Indian Navy shall join the fleet of ships at Andaman & Nicobar Command. The Andaman & Nicobar Archipelago whilst acting as the extended arms of India, straddle one of the busiest trade routes in the world leading into the South China Sea and keeping the islands safe is one of the chief responsibilities of the Indian Navy. The Eight LCUs with high military lift capabilities built by GRSE, shall form the backbone of the Maritime Security Cover and HADR activity in the A&N Archipelago.

GRSE is also currently executing three major projects of the Indian Navy pertaining to the construction of 03 Stealth Frigates, 04 Survey Vessel (Large) ships and 08 Anti-Submarine Warfare Shallow Water Crafts (ASWSWCs). The last two projects have been won on competitive bidding.

Today is also the ‘Start Production’ Day for the First of Eight ASWSWCs which is the first ‘Milestone’ in shipbuilding and signifies commencement of vessel construction after design engineering phase. The compact and complex stealth crafts are designed by GRSE. The platforms will be packed with state-of-the-art weapons and sensors like Hull Mounted Sonar, Towed Sonar, Torpedo Launchers and Rocket Launcher to interdict and destroy sub-surface targets in coastal waters. The crafts are capable of ‘Search & Rescue’ and ‘Low Intensity Maritime Operations’ and are propelled by water-jets capable of doing high speeds.

Since its takeover by the Government of India in 1960, GRSE has delivered high-end warships ranging from Fast Patrol Vessels, Survey Vessels, LSTs, LCUs, Fleet Tanker, Frigates and Missile & ASW Corvettes. The shipyard also has the distinction of achieving over 90% indigenous content, onboard ASW Corvettes, a significant advancement towards self-reliance in state-of-the-art warship design and construction. Having modernized its infrastructure facilities, GRSE is using Advanced Modular Integrated Shipbuilding Technology in line with the best in the world. This has helped enhance its capacity to the present level of constructing 20 warships concurrently. On 14 Dec 2020, GRSE created history with the launching of first of three Stealth Frigates, “Himgiri” under prestigious Project 17A.                                  

The shipyard has a healthy order book of over Rs 26,000/- Crore for construction of 15 warships of the Navy to be completed progressively by theyear 2027.GRSE has also diversified into ‘Engineering’ business and more than 5300 Portable Steel Bridges have been supplied to Indian Army, Border Road Organisation and State Governments. These bridges have also been exported to friendly neighborhood countries including, Myanmar, Nepal, Sri Lanka & Bhutan. GRSE also undertakes production of Deck Machinery Items which are fitted on GRSE built ships as well as those built by other shipyards in the country. Assembly, Testing and Overhauling of MTU Diesel Engines is undertaken at GRSE’s Diesel Engine Plant at Ranchi.

 

 

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FRIDAY, DECEMBER 18, 2020

 

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FRIDAY, DECEMBER 18, 2020

 

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PRESS RELEASE
GRSE BUILT STEALTH FRIGATE SHIP “HIMGIRI” LAUNCHED

Kolkata, 14 Dec 2020: Garden Reach Shipbuilders and Engineers Limited (GRSE), Kolkata, accomplished a key milestone in the prestigious Project 17A today, with the launch of the first of three Stealth Frigates, “Himgiri” at 01:30 PM. Upholding the best of maritime traditions, the shipwas “Launched” by Smt. Madhulika Rawat, wife of General Bipin Rawat, PVSM, UYSM, AVSM, YSM, SM, VSM, ADC, Chief of Defence Staff who graced the occasion as the Chief Guest. Rear Admiral VK Saxena, IN (Retd.), Chairman and Managing Director, GRSE, Vice Admiral AK Jain, Commander-in-Chief, Eastern Naval Command, Lt Gen Anil Chouhan, Army Commander, Eastern Command and other Senior Officials of GRSE, and Indian Navy and a host of other dignitaries were present at the occasion.

The Launch symbolises the birth of the ship as she makes her first contact with water and is floated out. The ceremony was conducted in true maritime traditions with the application of vermillion, breaking of coconut on the ship’s bow and chanting of vedic mantras.

The contract for construction of three Stealth Frigates under Project 17A is the largest ever order awarded to the shipyard by the Ministry of Defence with a value of over Rs.19293 crores.

P17A ships will be the most advanced state-of-the-art Guided Missile Frigates, 149 m long, with a displacement of approximately 6670 T and having an advanced CODOG Propulsion system enabling  speed of over 28 knots. These complex weapon platforms are equipped with a powerful weapon & sensor package capable of neutralising threats in all three dimesions, Air, Surface & Sub-surface. P17A Stealth Frigates are being built using Integrated Construction Methodology with enhanced pre-outfitting to enhance quality and reduce build periods. M/s Fincantieri, Italy is the Knowhow Provider for Technology Upgrade and Capability Enhancement in this project. Project 17A also is unique wherein, based on the basic design prepared by the Directorate of Naval Design; the construction is being done in 02 locations, MDL and GRSE concurrently. An intelligent PDM PLM system is being developed to manage the project and aid in its life cycle management.

Speaking on the occasion, Rear Admiral V.K.Saxena, IN (Retd.) brought out the fact that launching of the ship is being done 02 months ahead of schedule. Achievement of this major milestone, despite the challenges posed by the ongoing pandemic situation stands testimony to the commitment and capability of the shipyard. He also stated that GRSE has delivered 105 warships so far to our Maritime Forces, epitomizing the “AtmaNirbhar Bharat” efforts in letter and spirit.

General Bipin Rawat, Chief of Defence Staff during his speech on this momentous occasion appreciated GRSE’s service to the nation having acquired vast knowledge and expertise in design and production of complex battle ready warships and for having delivered 105 warships. General Rawat expressed his hope that the final delivery of this ship and the two subsequent ships of this project, shall remain etched as historic events, towards the country’s relentless efforts in achieving self-reliance. The General also congratulated the shipyard and Indian Navy for achieving this major milestone despite the adverse effects of the Covid pandemic.

Since its takeover by the Government of India in 1960, GRSE has delivered a plethora of high end warships ranging from Fast Patrol Vessels, Survey Vessels, LSTs, LCUs, Fleet Tanker, frigates and Missile & ASW Corvettes. The shipyard also has the distinction of achieving over 90% indigenous content, onboard ASW Corvettes and LCUs, a significant advancement towards self-reliance in state-of-the-art warship design and construction. Having modernised its infrastructure facilities, GRSE is today in a position to construct large number of warships using Advanced Modular Integrated Shipbuilding Technology in line with the best in the world. This has helped enhance its capacity to the present level of constructing 20warships concurrently.

GRSE is currently executing two more major projects of Indian Navy pertaining to construction of 04 Survey Vessel Large ships and 08 ASWSWC ships. Further, the shipyard has a healthy order book of Rs.26189 Crore for construction of 15 warships of the Navy to be completed progressively by year 2027.
     

 

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FRIDAY, DECEMBER 11, 2020

 

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THURSDAY, DECEMBER 03, 2020

 

PRESS RELEASE
Free Health Camp for Contractors’ Workmen at GRSE

Kolkata, 03 Dec 20: With the noble intent to address the health related concerns of the contractors’ workmen engaged in the company, GRSE had started a new project- Free Health camps for 2500 contractors’ workmen at Main unit on 18 Nov 2020.

On 01 Dec 2020, Cmde PR Hari, IN (Retd.), Director (Personnel) GRSE inaugurated the health check-up camp for Contractors’ Workmen at  61 Park Unit of GRSE in the presence of Cmde Rajiv Sreedharan, IN (Retd.) CGM(Design), Sri A.K. Mahapatro GM(ER&A), DIG Subrato Ghosh, GM(SS & RP, Services & BB), Captain P Sunil Kumar, IN (Retd.) GM(CP&CC), Sri S. Srinivas, GM(HRM) as well as Ms.Barnali Dey, GM of Medniova Diagnostic Services and other employees of GRSE. The camps will be held subsequently in other 03 units of GRSE. More than 2500 contractors’ workmen will be benefited by this CSR initiative.

The Swachhta Pakhwada was started with administering of Swachhta Shapath by Director (Personnel), to the employees of 61 Park unit on 01 Dec 2020 while administering the Swachhta Shapath, Director (Personnel) urged the employees to make cleanliness and hygiene an integral part of their daily life.

 

 

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PRESS RELEASE
GRSE Lays Keel of 2nd Survey Vessel Large (Yard 3026)

Kolkata, 01 Dec 2020: Garden Reach Shipbuilders and Engineers Ltd., (GRSE), Kolkata, in an impressive ceremony, laid the keel of the 2nd Survey Vessel (Large) (Yard 3026) at Kattupalli, Chennai. The Virtual Keel Laying ceremony was performed in the august presence of Vice Admiral Vinay Badhwar AVSM, NM, Chief Hydrographer to the Govt. of India. The ceremony was also attended by Rear Admiral VK Saxena, IN (Retd), Chairman & Managing Director, GRSE, other Directors and other senior officials from Indian Navy and the Shipyard.

The ship is part of the Survey Vessels (Large) project won by GRSE in a competitive bidding process in Oct 18 for an order value of Rs. 2435.15 crore. The 1st ship is to be constructed within 36 months from contract signing date with a project completion time of 54 months. Part construction of this ship is being carried out at L&T Shipyard, Kattupalli. After launching, the ship will be shifted to GRSE, Kolkata for outfitting, trials and delivery.

The vessel is 110m long with a deep displacement of 3300 Tons and can accommodate 231 personnel. The vessel is designed for a cruising speed of 16 knots with an in-house GRSE’s Hull Form Design which imparts a superior level of operational efficiency. The Hull form of these new generations Survey Vessel also meets the stringent seakeeping and manoeuvring requirements including Helicopter Operations at high sea states. The design of the ship by GRSE’s in-house Design Unit accorded “Centre of Excellence” Unit status by Council of Scientific & Industrial Research (CSIR), Ministry of Science & Technology is a significant step in “Make in India” initiative of the Govt. of India. With their State-of-the-Art “Survey Payload” comprising of Autonomous Underwater Vehicles (AUVs), Remote Operated Vehicles (ROVs), Multi Beam Echo Sounders etc, these Survey Ships would prove to be a game changer in the Indian Navy’s Capabilities for Coastal and Deepwater Hydrographic Surveys aiding Maritime Operations. In their auxiliary role, they will be capable of performing limited search and rescue, limited ocean research and operate as hospital ship/ casualty holding ships.

GRSE continues to be the epitome of indigenous design and construction of warships. Recently, following the call for “Atmanirbharta”, a state-of-the-art Modern Hull Block Complex and Indigenous Underwater CNC Plasma Cutting Facility were virtually inaugurated by the Hon’ble Raksha Mantri Shri. Rajnath Singh at the RBD Unit of GRSE, to augment the existing infrastructure at the Main Unit of the Shipyard. GRSE’s strategies revolve around shifting to smart manufacturing or Industry 4.0 with innovations in Automation, Robotics and the Industrial Internet of Things.

GRSE presently has a strong order book of over Rs 26,000 crores and is currently executing three major shipbuilding projects, namely the P17A Project for 3 Advanced Stealth Frigates, 4 Survey Vessels (Large) and 8 Anti-Submarine Warfare Shallow Water Crafts. The 1st P17A Ship is expected to be launched in Dec this year, well ahead of schedule. GRSE delivered the Fast Patrol Vessel (FPV) ICGS Kanaklata Barua, the 105th Warship delivered by the Shipyard, to the Indian Coast Guard in June 2020, despite challenges in operations in a manpower-intensive industry during pandemic times thus reaffirming our motto “Infinite Passion meets Unwavering Commitment”. The Shipyard also plans to deliver two more warships in the coming months.

 

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THURSDAY, NOVEMBER 19, 2020

 

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PRESS RELEASE
Inauguration of Free Health Check- up for Contractors’ Workmen on 18 Nov 2020

Kolkata, 18 Nov 20: GRSE has widened its CSR horizon by starting a new project- Free Health Camps for 2500 Contractors’ Workmen.

Reputed Hospitals like Apollo Gleneagles Hospital and Medinova Diagnostics Services have been roped in for conducting a wide array of tests for Contractors’ Workmen. The Project was inaugurated by Rear Admiral V.K. Saxena, IN (Retd.) Chairman & Managing Director, GRSE in presence of all Directors, Senior Management of GRSE and Senior Executives of Apollo Gleneagles Hospital on 18 Nov 2020. The Camps will be held subsequently in other 04 units of GRSE.

During these difficult pandemic times, the underprivileged people find it very difficult to access medical facility and neglect their health. Through this initiative GRSE has addressed these concerns of the Contractors’ Workmen engaged in the Company by arranging medical tests right in the Company premises.

More than 2500 Contractors’ Workmen will be benefited by this CSR initiative.

 

PRESS RELEASE

Garden Reach Shipbuilders & Engineers Limited announces Q2 of FY21 results

FY21 (Q2) RESULTS

GRSE registers a Turnover of Rs.382.40 Cr. in 2nd Quarter.

EBITDA for FY 21 (Q2) is Rs.69.53 Cr.

PBT for FY 21 (Q2) is Rs.55.61 Cr.

PAT for FY 21 (Q2) is Rs.37.85 Cr.

 

Kolkata, Nov11, 2020: Garden Reach Shipbuilders & Engineers Limited (GRSE), one of the leading warship builders in the country have announced its financial results for the Half year ended Sept 30, 2020 today.

Q2 FY21 Compared with Q2 FY20:

                                                                                          Rs. In Crs.

S.No.

Particulars

FY 20-21

FY 19-20

Half year Ended

1

Revenue from Operation

382

607

2

Total Income

480

728

3

Exceptional items

-21

-

4

EBITDA

70

129

5

PAT

38

84

6

EBITDA Margin (%)

15

18

6

PBT Margin (%)

12

16

7

PAT Margin (%)

8

12

8

EPS (Rs.)

3.30

7.36


Quarter Ended Q2 FY21 Compared with Q1 FY21:

                                                                                                              Rs. In Crs.

S.No.

Particulars

FY 20-21

FY 20-21

Q  o Q

Improvement

Quarter Ended

1

Revenue from Operation

272

110

147%

2

Total Income

320

160

100%

3

EBITDA

60

10

6 times

4

PBT

54

2

27 times

4

PAT

38

0.15

252 times

5

EBITDA Margin (%)

19

6

216%

6

PBT Margin (%)

17

1

17 times

7

PAT Margin (%)

12

0.09

 

8

EPS (Rs.)

3

0.01

 

 

  • Revenue from Operation has been increased in Q2 by 147 % in comparison to Q1 of FY20-21
  • Total Income has been increased in Q2 by 100% in comparison to Q1 of FY20-21
  • EBITDA of Q2 has been increased 6 times over that of Q1 of FY 20-21
  • PBT and PAT of Q2 have been increased by 27 times and 252 times respectively over that of Q1 of FY 20-21
  • Operating Loss has been reduced from Rs. 45 Crs. to Operating Profit of Rs. 27 Crs. i.e improvement  by 156% in Q2 over Q1 of FY 20-21

    

IMPACT OF COVID -19

  1. On account of the spread of COVID-19, the Government of India had imposed a complete nationwide lockdown on March 24, 2020 leading to shut down of the Company’s manufacturing facilities and logistics operations. The Company had resumed its manufacturing facilities post mandatory lockdown. In the current quarter the Company have resumed operations to near normalcy. The management is continuously and closely monitoring the developments and possible effects that may result from the current pandemic on its financial condition, liquidity and operations and is actively working to minimize the impact of this unprecedented situation. Management has estimated value of loss of production hours and quantum of non-usage of Plant & Machinery of production shops during this half year period as Rs. 1920.22 Lakhs and Rs. 154.72 Lakhs respectively which has been stated as Exceptional items in Financial Statement (includes Rs. 1707.79 Lakhs due to loss of production hours and Rs. 136.64 Lakhs loss due to non-usage of Plant & Machinery for the quarter ending 30.06.2020)

About Garden Reach Shipbuilders & Engineers Ltd. (www.grse.in)

 

Garden Reach Shipbuilders & Engineers Ltd, under the administrative control of the MoD, GoI, primarily catering to the shipbuilding requirements of the Indian Navy and the Indian Coast Guard.  GRSE derives a significant majority of its revenue from its shipbuilding division, In addition to their warship building capabilities the company is also engaged in engineering and engine production activities. The engineering division manufactures deck machinery items, pre-fabricated portable steel bridges and marine pumps.

The Company has established capabilities for in-house design and shipbuilding and has made considerable contributions to the indigenous warship construction program of India. Over the years, Company has responded to the varied shipbuilding requirements of the Indian Defence Services and have evolved from building simpler vessels to building bigger and technically advanced warships.

The order book position of the company as on Oct 1, 2020 stood at Rs.26,189 Crs.

 

For more information contact:

Sandeep Mahapatra (Company Secretary & Compliance Officer)

Mr.GauravGirdhar /Mr. IrfanRaeen

GRSE

Concept PR Investor Relations

Tel:  +91 9831447982

Tel: +022 40558900

E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

M: +91 7798232425/9773778669

 

Email:This email address is being protected from spambots. You need JavaScript enabled to view it./This email address is being protected from spambots. You need JavaScript enabled to view it.

DISCLAIMER:

 Certain statements that are made in the Press Release may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like significant changes in economic environment in India and overseas, tax laws, inflation, litigation, etc. Actual results might differ substantially from those expressed or implied. Garden Reach Shipbuilders and EngineersLtd.will not be in any way responsible for any action taken based on such statements and discussions; and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

 

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PRESS RELEASE
GRSE built 4th & last in the series, ASW Corvette, INS Kavaratti Commissioned

Kolkata, 22 Oct 2020: “Indian Naval Ship Kavaratti”, the last in the series of four Anti-Submarine Warfare Corvettes’ (ASWC) built for the Indian Navy by Garden Reach Shipbuilders and Engineers Limited (GRSE), Kolkata, a Mini Ratna Category 1 & leading shipyard of the country, under Project 28, was commissioned today. GRSE had delivered this weapon-intensive platform to the Indian Navy in February this year.

INS Kavaratti was commissioned at Visakhapatnam by the Chief of the Army Staff, General MM Naravane, PVSM, AVSM, SM, VSM, ADC, in the presence of Rear Admiral VK Saxena, IN (Retd), Chairman & Managing Director, GRSE, and other senior officials of the Indian Navy. Commissioning of the ship while braving constraints of COVID-19 highlights the determination and commitment of the Indian Navy, GRSE and other stakeholders in strengthening the maritime security of the nation.

The timeline of the P28 class of ships built by GRSE was synchronized to factor in the first-time unique indigenization efforts. Special High Strength Warship Grade Steel Type DMR 249A, was indigenously developed for these ships’ construction. INS Kavaratti and INS Kiltan are the first two major warships in the country to have the unique feature of Superstructure made of Carbon Fiber Composite Material. GRSE is the first shipyard in the country to have successfully achieved this feat, wherein composite material has been integrated with the steel hull of these two ships. This new age material, has led to an overall reduced weight which in turn led to significant speed/ maneuverability improvements and increased stability of over 20%.

Strategic innovation and indigenization are at the heart of the first three Anti-Submarine Warfare Corvettes built by GRSE. These potent platforms demonstrated their expertise in several Overseas Operations and International Maritime Exhibitions.  INS Kavaratti commissioned today is expected to follow suit. Equipped to fight in Nuclear, Biological and Chemical Warfare conditions, featuring the integration of a host of weapons and sensors, the P28 Class of ships are a milestone in the journey towards “Atmanirbhar Abhiyaan” of the Government of India.  

These ships are designed to be equally effective in the littorals as well as the deep oceans. INS Kavaratti is a versatile Anti-Submarine Warfare platform, 109-meter-long, 14.1-meter-wide and a deep displacement of approx. 3250 tons. With a maximum speed of 25 knots, and an endurance of over 3400 NM at 18 knots speed, the ship can accommodate 17 officers and 106 sailors. This dominant platform is utilized for neutralizing enemy submarines by using weapons like torpedoes, rocket launchers and helicopters. The design with an indigenous content of over 81%, was achieved inhouse by the Directorate of Naval Design and GRSE while the hull of the ship was developed by DRDO and Indian Navy. The “X” form of the Hull and Super Structure gives very Low Radar Cross Section and the special design of propulsion system minimizes Radiated Underwater Noise. The Stealth features make the ship nearly undetectable to the enemy both above and below the sea surface.

GRSE is currently executing three major shipbuilding projects, namely the P17A Project for 3 Advanced Stealth Frigates, 4 Survey Vessels (Large) and 8 Anti-Submarine Warfare Shallow Water Crafts. The shipyard plans to deliver the last ship of the LCU Class by this yearend and the 1st P17A Ship is expected to be launched in Dec this year, well ahead of schedule. GRSE delivered the Fast Patrol Vessel ICGS Kanaklata Barua in June 2020, in the face of challenges in operating in a manpower-intensive industry during pandemic times. GRSE has a strong order book of Rs 26,544 crores as of 31st Mar 2020. The COVID-19 pandemic has triggered innovation in terms of working style for the shipyard. GRSE’s strategies revolve around shifting to smart manufacturing or Industry 4.0 with innovations in Automation, Robotics and the Industrial Internet of Things. A state-of-the-art Modern Hull Block Complex and Indigenous Underwater CNC Plasma Cutting Facility were virtually inaugurated by the Hon’ble Raksha Mantri Shri. Rajnath Singh at the RBD Unit of GRSE, to augment the existing infrastructure at the Main Unit of the Shipyard.

     

 

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MONDAY, OCTOBER 19, 2020

 

 

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SATURDAY, OCTOBER 17, 2020

 

 

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PRESS RELEASE

Kolkata, 10 Oct 2020: GRSE receives the Asia's Best Employer Brand Awards 2020 for Innovation in Career Development.

     

 

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PRESS RELEASE
GRSE Award of Excellence For Employees

Kolkata, 07 Oct 2020: Garden Reach Ship Builders and Engineers Ltd., GRSE, a Miniratna Category 1 Defence PSU and a leading warship building company of India, operating under administrative control of the Ministry of Defence, conferred ‘GRSE Shri’ - the highest award for performance excellence - to its employees on 25 Sep 2020.

As a leading shipyard of the country, GRSE puts a high premium on its team members and in all its endeavors, places complete faith in the team members who constantly infuse vigor and dynamism to the organization. Every year the award is given to selected members of GRSE in recognition of their relentless efforts and indomitable zeal for excellence which accentuates the phenomenal growth trajectory of GRSE. The motto of the award is to uphold the spirit of reaching for higher pinnacles in maritime excellence while being firmly rooted to the commitment of constantly raising the bar. This year there was special emphasis to recognize the “Corona Warriors” too.

The ‘GRSE Shri’ award was given to Lt. Col Sanjay Anand, Additional General Manager (Security & Admin), Cdr SC Jha, Deputy General Manager (ES), Mr. Shivaji Guha, Manager (Shipbuilding Shop) from Main Unit and Mr. Gautam Karmakar, Deputy General Manager (MFOS) from FoJ Unit of GRSE.

In a gesture to appreciate employees for displaying significant traits of brilliance and dedicated efforts, the company also honored twenty two of its team members working in different departments, with ‘Chairman’s Commendation’ and ‘Letter of Appreciation’. Every year the awards while boosting the confidence of the recipients also inspire fellow members to perform better and attain higher goals as professionals.

     

 

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PRESS RELEASE
GRSE built FPV “ICGS Kanaklata Barua” Commissioned

Kolkata, 30 Sep 2020: “ICGS Kanaklata Barua”, the vessel built by GRSE in the series of five Fast Patrol Vessels for the Indian Coast was commissioned today. Garden Reach Shipbuilders and Engineers Limited (GRSE), Kolkata, a Mini Ratna Category 1 & leading shipyard of the country,delivered this ship to the Indian Coast Guard on 09 Jun 2020 taking the record delivery count of the organization to 105 warships.

The Fast Patrol Vessel (FPV), ICGS Kanaklata Barua was commissioned at GRSE FOJ Unit through video conferencing mode by Shri Jiwesh Nandan, IAS, Additional Secretary, MoD. Senior dignitaries including Rear Admiral VK Saxena, IN(Retd), Chairman & Managing Director, GRSE, Cmde. Sanjeev Nayyar, IN (Retd), Director (Shipbuilding), Cmde. P R Hari, IN (Retd), Director (Personnel), Shri. R.K Dash, Director (Finance) and other senior officials of the Indian Coast Guard and GRSE attended the ceremony.

The FPVs are medium-range surface vessels with a length of 50 m, a width of 7.5 m and displacement of around 308 T and are proficient at operating in the maritime zones of India. These powerful, fuel-efficient platforms are designed to perform multipurpose operations like patrolling, anti-smuggling, anti-poaching, and rescue operations. The vessels are designed for a maximum speed of 34 knots with an endurance of more than 1,500 nautical miles. It is equipped with 03 main engines of MTU make and built up at GRSE with advanced control systems, ‘Water Jet’ units and an ‘Integrated Bridge System’ integrating all communication and navigation systems. The ship is also fitted with 40/60 gun as the main armament and will also have improved habitability features with fully air-conditioned modular accommodation for 35 personnel. The entire design of these FPVs has been developed In-House by GRSE as per requirements specified by the Indian Coast Guard.

Over the years, GRSE has established capabilities for In-House Design and Shipbuilding and has made significant contributions to the Indigenous Warship construction program in India. The Design R&D Unit of GRSE has been recognized for its competence by Dept. of Scientific & Industrial Research (DSIR), Ministry of Science & Technology, and Govt. of India.

Celebrating the “Atmanirbhar Bharat Abhiyaan”, a State-of-the-Art Modern Hull Block Complex and Indigenous Underwater CNC Plasma Cutting Facility was virtually inaugurated by Hon’ble Raksha Mantri Shri. Rajnath Singh at the Rajabagan Dockyard Unit of GRSE, to augment the existing infrastructure at the Main Unit of the Shipyard.

GRSE enjoys a deep pool of revenue-generating projects with its order book position of Rs. 26,544 crore as on 31 Mar 2020.

GRSE strategies revolve around shifting to smart manufacturing (Industry 4.0), with marked innovations in automation, robotics and the industrial internet of things. Introducing Artificial Intelligence, Machine Learning, Interoperability and secured connectivity enabling real time monitoring, control and optimization of processes, resources and systems shall enable workload consolidation across Design, Production & Supply Chain Management, significantly in the future.

GRSE continues to strive towards Atmanirbharta or self-sufficiency in all its future projects, focused on its core verticals of Shipbuilding, Engineering and Engine Production.
 

 

THE MORNING STANDARD, NEW DELHI
TUESDAY, SEPTEMBER 15, 2020

 

 

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TUESDAY, SEPTEMBER 15, 2020

 

 

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PRESS RELEASE
104th Annual General Meeting of GRSE

Kolkata, 11 Sep 2020: The 104thAnnual General Meeting (AGM) of Garden Reach Shipbuilders & Engineers Limited (GRSE) was held on Friday 11 Sep 2020 through VC/OAVM. The Meeting was attended by Rear Admiral VK Saxena, IN (Retd), Chairman & Managing Director and other Directors, along with shareholders.

The performance of GRSE, continued to be strong during the year 2019-20:

  • Revenue from Operations stood at Rs. 1433.30 Cr as compared Rs.1386.42 Cr, an increase of3.38 % over Previous Year
  • EBITDA stood at Rs. 255.30 Cr as compared to Rs.211.16 Cr, 20.90%, improvement over Previous Year
  • EBITDA (Margin) is 15.39% in current twelve months against 13.56% in the corresponding twelve months. Thus, registering an increase of 1.83%
  • PBT stood at Rs. 223.87 Cr as compared to Rs.178.96 Cr, up by 25.10%, in comparison to twelve months of Previous Year
  • PAT stood at Rs.163.48 Cr, as compared to Rs.109.94 Cr, up by 48.70%, in comparison to same period of Previous Year
  • Profit After Tax (Margin) is 9.86% in current twelve months against 7.06% in the corresponding twelve months Thus, registered increase of 2.80%
  • EPS stood at Rs.14.27 as compared to compared to Rs. 9.60 up by Rs.4.67 per share, in comparison to same period of Previous Year

The Board of Directors of the Company has recommended a final dividend of Rs. 1.40/- per equity share of face value of Rs.10/- each for the financial year 2019-20. This is in addition to the interim dividend of Rs.5.74/- per equity share of face value of Rs. 10/- each which was paid on 30 Mar 2020. The total Dividend declared for the Financial Year 2019-20 is Rs.7.14/- per equity share of face value of Rs.10/- each. The order book position of the Company as on 31 Mar 2020 stood at Rs. 26,544 Cr with shipbuilding projects related Order Book Value of Rs. 26,281 Cr. During the Reported Period the company delivered 04 Warships, 02 for Indian Navy and 02 for Indian Coast Guard.  This makes total warship delivered numbers as104 till end of 31st March 2020.

Strengthening India’s Defence preparedness has been GRSE’s core objective, focused on its core verticals of Shipbuilding, Engineering & Engine Production. The Company delivered the 105th warship, FPV, ICGS Kanaklata Barua, to the Indian Coast Guard on 09 Jun 2020, being the only shipyard in the country to have delivered 105 warships. With continuous focus on modernization of infrastructure, GRSE has taken a strategic step to augment existing shipbuilding capacity. A state of the art underwater CNC Plasma Cutting Machine & a new Hull Block Fabrication Facility was inaugurated by Hon’ble Raksha Mantri, Shri Rajnath Singh at the RBD Unit of GRSE during AtmaNirbhar Bharat Week on 10 Aug 2020. GRSE’s diversification into Engineering has aided the land forces of the country and friendly foreign countries with the range of pre-fabricated steel bridges installed at high altitudes and for disaster relief. On 13 Aug 2020, Shri Rajnath Singh, Hon’ble Raksha Mantri, launched a “First of its Kind” Assault Bridge as part of the AtmaNirbhar Bharat Week Event.

Rear Admiral V K Saxena, IN (Retd.), Chairman & Managing Director, in his address highlighted GRSE’s healthy Order Book and expressed his confidence in Team GRSE to emerge strong amidst the uncertainties created by the global pandemic. CMD GRSE appreciated the hard work and dedication of all the employees in taking the Company on its path of success & thanked the Investors for their faith, commitment & confidence in the Shipyard. The unstinted support from the Ministry of Defence, Indian Navy, Indian Coast Guard, Central and State Government Authorities has helped GRSE achieve its goals, he said. New initiatives including implementation of Industry 4.0 robotics, AI, machine learning, with sparked innovations in automation,GRSE is poised for workload consolidation across Design, Production & Supply Chain Management in the future to strive ahead on a growth path.

 

 

AAJKAL AGAMI.COM
WEDNESDAY, SEPTEMBER 09, 2020

 

 

THE INDIAN EXPRESS, KOLKATA
SATURDAY, AUGUST 22, 2020

 

 

THE ECHO OF INDIA, KOLKATA
WEDNESDAY, AUGUST 19, 2020

 

 

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MONDAY, AUGUST 17, 2020

 

 

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SUNDAY, AUGUST 16, 2020

 

 

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SUNDAY, AUGUST 16, 2020

 

 

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SUNDAY, AUGUST 16, 2020

 

 

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SUNDAY, AUGUST 16, 2020

 

 

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SATURDAY, AUGUST 15, 2020

 

 

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SATURDAY, AUGUST 15, 2020

 

 

PRESS RELEASE
Garden Reach Shipbuilders and Engineers Limited observes Independence Day

Kolkata, 15 Aug 2020: Garden Reach Shipbuilders and Engineers Limited (GRSE) observed the 74th Independence Day at their Main Unit with patriotic zeal. Rear Admiral VK Saxena, IN(Retd), Chairman & Managing Director, GRSE, the Chief Guest for the occasion hoisted the National Flag in the presence of Cmde Sanjeev Nayyar, IN (Retd), Director (Shipbuilding), Cmde P R Hari, IN (Retd), Director (Personnel), Shri R K Dash, Director (Finance), Shri Dipankar Mahto, IP&T AFS, Chief Vigilance Officer and other senior officials and employees of GRSE.

Rear Admiral VK Saxena, IN(Retd), Chairman & Managing Director, GRSE, addressed the gathering and reiterated the importance of Independence Day for every Indian and spoke about the sacrifices made by freedom fighters. On the current pandemic which has hit the world, CMD GRSE expressed hope on the development of a vaccine and mentioned that it is just a matter of time before we overcome the challenging situation at hand. We however need to continue to take all precautionary measures to stop the spread of the disease. Rear Admiral Saxena applauded all officers, workers and CISF personnel for working together to see the company sail through this difficult time. CMD, GRSE reminded that safety is not only the responsibility of the Safety Department but the responsibility of one and all including permanent and contractual employees. He concluded his speech stating that GRSE has been in the service of the nation protecting the maritime zones and aiding the land forces with its diversified product profile. The Government of India and GRSE’s prime clients including Indian Navy, Indian Coast Guard have reposed faith on this premier shipyard which is currently constructing 15 warships simultaneously for Indian Navy. With the modernization in place, GRSE is confident on completing these projects on time.   

GRSEwith its continued stellar and consistent performance in the past yearshas contributed significantly to themaritime security and development of our country. The skilled and dedicated workforce of GRSEhave put in theirwhole hearted effortstowards achieving increased productivity and high quality of work, thereby enabling GRSE to become the first shipyard in the countryto deliver 105 warshipsto Indian Navy, Indian Coast Guard and Mauritius Coast Guardsince its inception in 1960.

The Company has also embraced the Atmanirbhar Mission, an initiative taken by the Govt of Indiato make the country self reliant on the products that were imported earlier for its shipbuilding portfolio. The modernisation of infrastructure with integrated modular construction technology was the first step towards Atmanirbharta.  Moving forward with the Atmanirbhar Mission, GRSE has recently added to it’s capacity, a State-of-the-Art Modern Hull Block Complex and Indigenous Underwater CNC Plasma Cutting Facilitywhich were virtually inaugurated by Hon’ble Raksha Mantri, Shri Rajnath Singh at the RBD Unit of GRSE to augment the existing infrastructure at the Main Unit of the shipyard, thus a step towards concurrent construction of 24 ships from the existing capacity of 20ships. These facilities will enable GRSE in executing its ongoing prestigious warship projects including Stealth Frigates of Project P17A, Survey Vessels(Large) and ASWSWCs for the Indian Navy which comprises a total of 15 warships.Another fact that needs mention is that GRSE is the only Defence Shipyard to have diversified into Engineering Business with a product profile of Pre-Fabricated Steel Bridges, Marine Diesel Engines and Deck MachineryItems.Bailey Bridge Unit of the shipyard is engaged in designing, developing and installing bailey bridges to far flung areas& terrains in India and abroad having delivered over 5300 Bailey Bridges to Indian Army, BRO, Central and State PWDs and to friendly foreign countries like Bhutan, Nepal, Sri Lanka and Myanmar.As a part of Atmanirbhar Bharat Week celebration, GRSE also launched a “First of its Kind” Portable Pedestrian (Assault) Bridge which was virtually inaugurated by Hon’ble Raksha Mantri Shri. Rajnath Singh at 61 Park Unit, GRSE.The salient features and advantages of this assault bridge is that it has a weight of 336 kg only. The bridge is Man – Portable and reusable using Crew of 10-12. This Assault Bridge will be an ideal solution for Forward Areas and Disaster Relief Management.

GRSE continues to sail on a growth trajectory moving towards Industry 4.0 with incorporation of latest technologies like Artificial Intelligence, Machine Learningand Data Analytics in its areas of operation to improve internal efficiencies & profit margins.

 

THE FINANCIAL EXPRESS
FRIDAY, AUGUST 14, 2020

 

 

THE TIMES OF INDIA, KOLKATA
FRIDAY, AUGUST 14, 2020

 

 

MORNING INDIA, KOLKATA
FRIDAY, AUGUST 14, 2020

 

 

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FRIDAY, AUGUST 14, 2020

 

 

BUSINESS STANDARD, NEW DELHI, MUMBAI
FRIDAY, AUGUST 14, 2020

 

 

PRABHAT KHABAR, KOLKATA
FRIDAY, AUGUST 14, 2020

 

 

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FRIDAY, AUGUST 14, 2020

 

 

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FRIDAY, AUGUST 14, 2020

 

 

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THURSDAY, AUGUST 13, 2020

 

 

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PRESS RELEASE
GRSE Built “First Of Its Kind” Portable (Assault) Bridge Launched

Kolkata, 13 Aug 20: Moving forward with the Atmanirbhar Mission, Garden Reach Shipbuilders and Engineers (GRSE) Ltd., a Miniratna Category 1 Defence PSU and premier warship builder of the nation, launcheda “First of its Kind” Portable Bridge (Assault) today. The Bridge was virtually launched by Hon’ble Raksha Mantri, Shri Rajnath Singh at GRSE’s 61 Park Unit, Kolkata. This is a major milestone towards achieving Self Reliance. Rear Admiral VK Saxena, IN (Retd.), Chairman& Managing Director, GRSE, Cmde. Sanjeev Nayyar, IN (Retd), Director (Shipbuilding), Cmde. P R Hari, Director (Personnel) & Shri R K Dash, Director (Finance), and Senior Officials of GRSE were present on the occasion.

Apart from shipbuilding & ship repair, GRSE is the only Defence Shipyard to have diversified into Engineering Business with a product profile of Pre-fabricated Steel Bridges. Bailey Bridge Unit of the shipyard is engaged in designing, developing and installing bailey bridges to far flung areas& terrain in India and abroad having delivered over 5300 Bailey Bridges to Indian Army, BRO, Central and State PWDs and also friendly neighbourhood countries like Bhutan, Nepal, Sri Lanka and Myanmar. Recently, the Bailey Bridge division has designed and developed a new product, the “Portable (Assault) Bridge”. This bridge is made of Carbon Fibre Polymer Composite Material and can be used by pedestrians & light vehicles.

The salient features and advantages of this assault bridge is that it has a span of 30 ft (9.15 m), width of 2.10 m and weight of 336 kg. It also has a load capacity of IRC-6, 400 kg/sqm (Foot Bridge) & 1.10 MT of ATV.The bridge is Man – Portable and reusable using Crew of 10-12. This Assault Bridge will be an ideal solution for Forward Areas and Disaster Relief Management.

Garden Reach Shipbuilders and Engineers has been at the forefront of the nation’s maritime progress aimed towards self reliance in the sixty years since its inception in 1960with the delivery of the first Indigenous warship of independent India in 1961, INS Ajay, a Seaward Defence Boat for the Indian Navy. The shipyard has delivered 105 warships to the Indian Maritime Forces, the highest deliveries by any shipyard in the country, till date.

GRSE has undertaken major modernisation of infrastructure at its Main Unit with modular integrated construction technology. Celebrating the “Atmanirbhar Bharat Abhiyaan”, a State-of-the-Art Modern Hull Block Complex and Indigenous Underwater CNC Plasma Cutting Facility was virtually inaugurated by Hon’ble Raksha Mantri Shri. Rajnath Singh at the Rajabagan Dockyard Unit of GRSE on 10 Aug 2020 to augment the existing infrastructure at the Main Unit of the shipyard.Thus a step towards concurrent construction of 24 ships from the existing capacity of 20 has been initiated. GRSE has a dedicated, multi disciplinary, strong Design Team which is continuously working towards developing various concept designs for ships, deck machinery items and pre fabricated bridges that can cater to the current and future requirement of its existing and prospective customers in India and friendly foreign countries.

GRSE continues to strive towards Indigenisation and self-sufficiency in all its future projects focussed on its core verticals of shipbuilding, engineering and engine production.

 

PRABHAT KHABAR, KOLKATA
WEDNESDAY, AUGUST 12, 2020

 

 

AVIATION DEFENCE UNIVERSE
WEDNESDAY, AUGUST 12, 2020

 

 

HT SYNDICATION
WEDNESDAY, AUGUST 12, 2020

 

 

BHASKAR LIVE
WEDNESDAY, AUGUST 12, 2020

 

 

INDIA DEFENCE NEWS
WEDNESDAY, AUGUST 12, 2020

 

 

DAILY WORLD
WEDNESDAY, AUGUST 12, 2020

 

 

THE TIMES OF INDIA, KOLKATA
TUESDAY, AUGUST 11, 2020

 

 

HINDUSTAN TIMES, NEW DELHI, MUMBAI
TUESDAY, AUGUST 11, 2020

 

 

THE MILLENNIUM POST, , KOLKATA, NEW DELHI
TUESDAY, AUGUST 11, 2020

  

 

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TUESDAY, AUGUST 11, 2020

  

 

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TUESDAY, AUGUST 11, 2020

  

 

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TUESDAY, AUGUST 11, 2020

  

 

THE ECONOMIC TIMES, KOLKATA, NEW DELHI, MUMBAI, BANGALORE, AHMEDABAD, CHENNAI
TUESDAY, AUGUST 11, 2020

  

 

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TUESDAY, AUGUST 11, 2020

  

 

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TUESDAY, AUGUST 11, 2020

  

 

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TUESDAY, AUGUST 11, 2020

  

 

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TUESDAY, AUGUST 11, 2020

  

 

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TUESDAY, AUGUST 11, 2020

  

 

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TUESDAY, AUGUST 11, 2020

  

 

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TUESDAY, AUGUST 11, 2020

  

 

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TUESDAY, AUGUST 11, 2020

  

 

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TUESDAY, AUGUST 11, 2020

  

 

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TUESDAY, AUGUST 11, 2020

  

 

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PRESS RELEASE
GRSE ‘s Atmanirbhar Mission – New Modernisation Facility Launched

Kolkata, 10 Aug 20: Taking the Self Reliant India Mission forward,Garden Reach Shipbuilders and Engineers (GRSE) Ltd., a Miniratna Category 1 Defence PSU and premier warship builder of the nation, launched two new facilities today. As part of the Atmanirbhar Bharat Week Celebration, a state-of-the-art indigenous underwater CNC Plasma Cutting Machine and a Modern Hull Block Fabrication Complex, were virtually inaugurated by Hon’ble Raksha Mantri, Shri Rajnath Singh at GRSE’s Rajabagan Dockyard Unit, Kolkata. This marks the achievement of a major milestone by the Shipyard in their ongoing modernisation plan. Rear Admiral VK Saxena,IN (Retd.), Chairman and Managing Director, GRSE,Cmde. Sanjeev Nayyar, IN (Retd), Director (Shipbuilding), Cmde. P R Hari, Director (Personnel) & Shri R K Dash, Director (Finance), and Senior Officials of GRSE were present on the occasion.

The CNC Plasma Cutting facility set up at a cost of Rs.4.14 Crores will enhance the plate cutting capacity by 30% and the Complex constructed at a cost of Rs.19 Crores for Hull block Fabrication will enable concurrent construction of large sized (40 Ton) hull blocks in a covered environment, which will facilitate modular Integrated Construction of warships with an enhancement in production capacity of hull blocks by 25%. Both these facilities will go a long way in enhancing the production capacity of the shipyard, especially during execution of the three major warship building projects comprising of 15 warships that GRSE is presently handling for the Indian Navy- the P17A Stealth Frigates, the ASW Shallow Water Craft and the Survey Vessels (Large).

The CNC Plasma cutting machine facility shall have the ability to cut plates with cutting capacity of 3 mm thk to 65 mm thk carbon steel plates, 30 mm thk stainless steel plates & 50 mm thk Aluminium plates with an accuracy range of 1 mm max. This machine also has an underwater plasma cutting torch to cut the plate in submerged condition to reduce fume and pollution. The machine has the capability for bevel cutting upto 45 degree which is expected to enhance production rate from 2000 to 3000 MT per day as per the requirement and nesting pattern and obviate duplicate activity which was otherwise done separately.

The Industrial Shed, Area-1 (85M x 27M), also inaugurated today enhances GRSE’s capability for construction of higher capacity block to meet the production requirement for the ongoing prestigious P17A Project at Main Works Unit of GRSE. The complex constructed at a cost of INR 19 crores for Hull Block Fabrication, will enable concurrent construction of large sized (40 Ton) hull blocks in a covered environment, which will facilitate modular integrated Construction of Warships.

Celebrating the ‘Atmanirbhar Bharat Abhiyaan, GRSE has a few activities planned to be undertaken during the Week including Inauguration of a New Product, The Portable Pedestrian (Assault) Bridge, which is a first of its kind. GRSE is a diversified Company with its strong foothold into Engineering Production including Portable Steel Bridges and Deck Machinery Items. A Webinar with MSME Vendors for promotion of registration in GeM and Launching the Online Vendor Grievance Redressal Portal shall be the other highlights to mark the event. 

Garden Reach Shipbuilders and Engineers has been at the forefront of the nation’s maritime progress aimed towards self reliance in the sixty years since its inception in 1960 with its indigenisation efforts and focus, since the delivery of the first Indigenous warship of independent India in 1961, INS Ajay, a Seaward Defence Boat for the Indian Navy. The shipyard has delivered 105 warships to the Indian Maritime Forces, the highest deliveries by any shipyard in the country, till date. Additionally, 786 platforms have been delivered too. GRSE has had a focus on building In-House capabilities, in the area of design and production. As a pioneer in Indigenous Warship construction programme, the shipbuilder’s product line extends its span from technologically sophisticated Frigates and Corvettes to Fast Patrol Vessels. The Indigenization achieved in the Kamorta class Anti-Submarine Warfare Corvettes delivered by GRSE to the Indian Navy, became the first Warship built in the country with Indigenously developed warship grade steel, earning the distinction of achieving 90% Indigenous equipment fit. It was a major step towards achieving self-reliance in state-of-the-art warship design and construction. The LCUs built by GRSE, designed In-House, have the distinction of over 90% indigenous equipment fit as well.

GRSE is poised to continue to strive towards Indigenisation and self-sufficiency in all its future projects focussed on its core verticals of shipbuilding, engineering and engine production.

 

THE FINANCIAL EXPRESS
SATURDAY, AUGUST 01, 2020

  

 

THE NEW INDIAN EXPRESS, KOLKATA
MONDAY, JULY 06, 2020

  

 

THE NEW INDIAN EXPRESS, HYDERABAD
SUNDAY, JULY 05, 2020

  

 

THE STATESMAN, KOLKATA
SUNDAY, JULY 05, 2020

  

 

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SUNDAY, JULY 05, 2020

  

 

THE STATESMAN, KOLKATA
SATURDAY, JULY 04, 2020

  

 

PRABHAT KHABAR, KOLKATA
FRIDAY, JULY 03, 2020

  

 

BUSINESS NEWS THIS WEEK
FRIDAY, JULY 03, 2020

  

 

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FRIDAY, JULY 03, 2020

  

 

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FRIDAY, JULY 03, 2020

  

 

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FRIDAY, JULY 03, 2020

  

 

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FRIDAY, JULY 03, 2020

  

 

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FRIDAY, JULY 03, 2020

  

 

MORNING INDIA, KOLKATA
THURSDAY, JULY 02, 2020

  

 

PSU WATCH.COM
THURSDAY, JULY 02, 2020

  

 

PRESS RELEASE
New Director(Finance) joins GRSE

Kolkata, 01 Jul 20: Shri Ramesh Kumar Dash has assumed charge as Director (Finance) and CFO of Garden Reach Shipbuilders & Engineers Limited, Kolkata on 01 Jul 2020. He is an Associate Member of the “Institute of Cost Accountants of India”, Master in Commerce and Bachelor of Law. Prior to joining GRSE, Mr. Dash was working in HAL, Bangalore. He has around 28 years of experience in different CPSUs in the field of Finance and Accounts.

 

MORNING INDIA, KOLKATA
WEDNESDAY,JUNE 10, 2020

  

 

PARBHAT KHABAR, KOLKATA
WEDNESDAY,JUNE 10, 2020

  

 

OUTLOOK INDIA .COM
WEDNESDAY,JUNE 10, 2020

  

 

UNI INDIA .COM
WEDNESDAY,JUNE 10, 2020

  

 

PRABHAT KHABAR, KOLKATA
TUESDAY,JUNE 09, 2020

  

 

BARTAMAN, KOLKATA
TUESDAY,JUNE 09, 2020

  

 

EI SAMAY, KOLKATA
TUESDAY,JUNE 09, 2020

  

 

BARTAMAN, KOLKATA
TUESDAY,JUNE 09, 2020

  

 

BARTAMAN, KOLKATA
TUESDAY,JUNE 09, 2020

  

 

PRESS RELEASE
GRSE delivers its 5th Fast Patrol Vessel to the Indian Coast Guard

Kolkata, 09 June 2020: India’s premier warship builder Garden Reach Shipbuilders and Engineers (GRSE) Ltd of Kolkata has delivered ICGS Kanaklata Barua, the fifth and final ship in the series of Fast Patrol Vessels (FPV) for the Indian Coast Guard. This is the 105th vessel delivered by the Miniratna Category 1 Defence PSU shipyard. The handover was done at GRSE’s Fitting Out Unit in Kolkata. The Protocol of Delivery and Acceptance was signed between Rear Admiral VK Saxena, IN (Retd.), Chairman & Managing Director, GRSE and Commanding Officer of the vessel, Comdt (JG) Subhash Kapoor, in the presence of DIG RH Nandodkar TM, Shri S.S.Dogra, Director (Finance), Cmde S.Nayyar, Director (Shipbuilding), Cmde. P R Hari, Director (Personnel) and other Senior Officials of GRSE and Indian Coast Guard.

Yard 2116, the Fourth ship in the series of FPVs is earmarked for export delivery to the Seychelles Coast Guard and is likely to be delivered shortly after completing the related formalities. As per the related developments as on date, GRSE will make another ship as a replacement to the one diverted to the Seychelles Coast Guard. Related formalities of signing contract with the amendments to the existing contract are underway and will be completed shortly.

The Fast Patrol Vessels have been entirely designed by GRSE’s Central Design Office. With an efficient hull form developed in-house and proved through extensive model testing, these ships are designed to achieve speeds exceeding 34 knots with an endurance of more than 1500 nautical miles. These fuel-efficient and powerful platforms are well suited for operations like patrolling, anti-smuggling, anti-poaching and rescue. They are fitted with state-of-the-art Main Engines with advanced control systems & Water jet units and an ‘Integrated Bridge System’ integrating all Communication and Navigation Systems. These ships are also fitted with 40/60 Gun as Main Armament and have improved habitability features with fully air-conditioned modular accommodation for 35 personnel.GRSE had earlier made deliveries of FPVs ICGS Priyadarshini, ICGS Annie Besant and ICGS Amrit Kaur in this series.

Originally built at the Shipyard’s Rajabagan Unit, to meet it’s commitment to the Indian Coast Guard, GRSE has shifted the vessel’s location so that final work on the ship prior to delivery including balance fitting out, readiness of ship systems and setting to work of equipment/ systems could be completed by undertaking work at the FOJ Unit in compliance with MHA and WB Government Guidelines. Shipyard has also overcome the constraints posed by Super Cyclone “Amphan” for achieving this milestone.

GRSE has successfully developed an array of world-class platforms armed with high-tech infrastructure in the six decades since its inception in 1960. This includes Frigates, Missile Corvettes, Anti-Submarine Warfare Corvettes, Landing Ship Tank (Large), Landing Craft Utility Ships, Fleet Tanker, Survey Vessels, Fast Attack Crafts, Fast Patrol Vessels, Inshore Patrol Vessels, Offshore Patrol Vessel, Hovercrafts, Fast Interceptor Boats for the Indian Navy and Coast Guard and friendly foreign nations. The only shipyard in the country to have delivered 105 warships, GRSE is eminently positioned to construct large warships harnessing advanced modular shipbuilding technology at par with the best in the world. The enhanced shipbuilding capacity enables GRSE to construct 20 ships concurrently. Apart from shipbuilding and ship repairs, GRSE has also made its mark in the engineering business, building Bailey Bridges, Deck Machinery for ships and Diesel Engines for marine applications.

GRSE enjoys a deep pool of revenue-generating projects as evidenced by its current order book position of Rs.26,500 crores. In the current crisis brought about by the COVID-19 pandemic, GRSE has been in the forefront of prevention and relief activities in areas around its units in Kolkata. Three GRSE-built vessels led the Indian Navy’s successful efforts at safely evacuating expatriate Indian nationals. 

Team GRSE continues to raise its bar higher in the field of maritime engineering excellence through its ship deliveries. Continuous research and innovation, lean thinking, superior product quality and a robust corporate structure powered by an outstanding human resource pool are the hallmark of GRSE’s working. With its relentless focus on its vision to be a world leader in shipbuilding, the shipbuilder has set sail towards a growth trajectory. The successful delivery of ICGS Kanaklata Barua further propels it towards that goal.

 

 

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PRESS RELEASE

Performance Review
Q4 & FY20 Results Ended 31st March, 2020

 

Highlights forFY20 vis-à-vis FY 19

  • Total Income up by 6.49 % to Rs.1658.79 crore from Rs. 1557.66 crore
  • Operating Revenue up by 3.38 % to Rs.1433.30crore from Rs.1386. 42 crore
  • Profit Before Tax upby25.10% to Rs.223.87 crore from Rs. 178.96 crore
  • Profit After Tax up by48.70% to Rs.163.48 crore from Rs. 109.94 crore
  • EPS at Rs.14.27as compared to FY19 Rs 9.60, up byRs.4.67 per share

 

Kolkata, May 29, 2019: Garden Reach Shipbuilders & Engineers Limited, one of India’s leading warship builder for Indian Navy and Coast Guard has announced its Financial Results for the Quarter & Year ended March 31, 2019.

FY 18-19 performance financial highlights                                                   

  • Revenue from Operations at Rs. 1386.43 crores.
  • EBITDA of Rs. 211.16 crores; y-o-y growth of 29 %
  • PAT Increased to Rs. 109.93 crores; y-o-y growth of 19%
  • EPS for FY 18-19 stood at Rs.9.60 per share, as compared to Rs.7.60  per share for FY 17-18, with y-o-y growth of 26%

 

FY20 Financial Performance Highlights

  • Revenue from Operations stood atRs. 1433.30Cr as compared Rs.1386.42 Cr, an increase of3.38 % over Previous Year
  • EBITDA stood at Rs. 255.30Cr as compared to Rs.211.16Cr, 20.90%, improvement over Previous Year
  • EBITDA (Margin) is 15.39% in current twelve months against13.56% in the corresponding twelve months. Thus, registering an increaseof 1.83%
  • PBT stood at Rs. 223.87Cr as compared to Rs.178.96Cr, up by 25.10%, in comparison to twelve months of Previous Year
  • PAT stood at Rs.163.48 Cr, as compared to Rs.109.94Cr, up by 48.70%, in comparison to same period of Previous Year
  • Profit After Tax (Margin) is 9.86% in current twelve months against 7.06% in the corresponding twelve months Thus, registered increase of 2.80%
  • EPS stood at Rs.14.27 as compared to compared to Rs. 9.60 up by Rs.4.67 per share, in comparison to same period of Previous Year

Q4 FY20: Revenue down by 5.51%, PAT increase by 47.80% against same period of Previous Year

Highlights for Q4FY20 vis–a-vis Q4 FY19

  • Total Incomedecreased by 5.51% to Rs.509.48 crore from Rs. 539.17 crore
  • Operating Revenue down by 6.65% to Rs456.69crore from Rs. 489.21 crore
  • Profit Before Tax down by 5.29% to Rs. 69.15 crore from Rs. 73.01 crore
  • Profit After Tax increase by47.80% to Rs.49.69crore from Rs. 33.62 crore
  • EPS at Rs.4.34as compared to Rs 2.94 last year, up by Rs.1.40 per share

 

Q4 FY20 Vis-à-vis Q4 FY19:

  • Revenue from Operations for the quarter ended March 31, 2020 stood at Rs 456.69 Cr., as compared to Rs.489.21 Cr. in the same period of Previous Year
  • EBITDA (Margin) is 15.05% in current quarter against 15.03% in the corresponding quarter of last year. Thus, registering a increase of 0.02%
  • Profit Before Tax stood at Rs. 69.15 Cr. in current quarter against Rs.73.01 Cr.in the corresponding quarter of last year. Decrease is 5.29%
  • Profit After Tax stood at Rs.49.69 Cr. in current quarter against Rs.33.62 Cr. in the corresponding quarter of last year increase is47.80%
  • Profit After Tax (Margin) is9.75% in current quarter against 6.24% in the corresponding quarter of last year. Thus, registeredincrease of 3.51%
  • Earnings Per Share for Q4 FY20 stood at Rs.4.34, as compared to Rs. 2.94 for Q4FY19 up by Rs.1.40 per share.

 

Operational Highlights of Reported Period

Consistent improvements in FY 19-20 over last 4 years, since FY 16-17

  • Operating Revenue increased by 54% to Rs 1433.30crore from Rs. 929.32 crore
  • Profit Before Tax increased to Rs. 223.87 crore from Rs. 20.12 crore
  • Profit After Tax increased to Rs.163.48 crore from Rs. 11.47 crore
  • EPS is  14.27 as compared to Rs 0.94
  • Dividend per share Rs 7.14 against Rs 4.37

The Company has reported consistent improvement since last 4 years , FY 16-17 due to commencement of Advanced project of P-17 A with higher improved operating efficiency.

The company is currently executing 05 Projects with construction of 18 Ships.  Of these Projects, 04 Projects are for Indian Navy and 01 Project is for Indian Coast Guard.

As on 31 March 20, the company Order Book position stands at Rs.26,544 Crores with shipbuilding projects related Order Book Value of Rs. 26,281 Crores.  During the Reported Period the company delivered 04 Ships, 02 for Indian Navy and 02 for Indian Coast Guard.  With these deliveries the company delivered 04Ships in total during the 12 months period from April 2019 till Mar2020.This makes total warship delivered numbers as104 till end of 31st March 2020.

Under Indian Navy Contract for construction of 03 Advanced Stealth Frigates with total Contract Value of Rs. 19,293 Crores, the company recently did the Keel Laying for 2nd Ship which is ahead of the contractual timelines.  The construction of the 1st Ship of this contract is progressing satisfactorily and company has plans to have the start production for the 3rd Ship shortly.

In respect of Survey Vessel (Large) Project of Indian Navy for 04 Ships, the company has done with the Keel Laying for the 1st Ship and start production for the 2nd Ship during the reported period.

Company operations were impacted during lockdown period imposed in view of the Covid-19 Pandemic. However partial operations have resumed and company has made a catch-up plan to make up the production losses suffered due to lockdown.

There has been some impact on the Company's Assets / properties due to the Cyclone Amphan which hit some parts of the State of West Bengal including Kolkata.Though  there has been no major loss to the Shipyard assets ,suitable steps have been taken towards lodging the Insurance claims with the underwriter as all assets are fully covered under the insurance policies.


About Garden Reach Shipbuilders & Engineers Ltd. (www.grse.in)

Garden Reach Shipbuilders & Engineers Ltd, under the administrative control of the MoD, GoI, primarily catering to the shipbuilding requirements of the Indian Navy and the Indian Coast Guard.  GRSE derives a significant majority of its revenue from its shipbuilding division, In addition to their warship building capabilities the company is also engaged in engineering and engine production activities. The engineering division manufactures deck machinery items, pre-fabricated portable steel bridges and marine pumps.

The Company has established capabilities for in-house design and shipbuilding and has made considerable contributions to the indigenous warship construction program of India. Over the years, Company has responded to the varied shipbuilding requirements of the Indian Defence Services and have evolved from building simpler vessels to building bigger and technically advanced warships.


For more information contact:

Sandeep Mahapatra (Company Secretary & Compliance Officer)

Mr.GauravGirdhar /Mr. IrfanRaeen

GRSE

Concept PR Investor Relations

Tel:  +91 9831447982

Tel: +022 40558900

E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

M: +91 7798232425/9773778669

 

Email:This email address is being protected from spambots. You need JavaScript enabled to view it./This email address is being protected from spambots. You need JavaScript enabled to view it.

 

PRESS RELEASE
CONTRIBUTION OF GRSE TOWARDS COVID PREVENTION MEASURES AND RELIEF & REHABILITATION POST SUPER CYCLONE AMPHAN

During the prevailing pandemic conditions due to Covid 19, GRSE has been actively supporting the local population of Metiabruz area by providing masks, sanitisers, food grains etc. and the Traffic and Local Police by providing face masks and sanitisers.

In a gesture to express solidarity with the State Administration towards supporting the relief and rehabilitation activities being undertaken by the Govt of West Bengal for the Amphan affected citizens and also for the Covid prevention measures, the shipyard has contributed Rs 10 lakhs to the West Bengal State Emergency Relief Fund. The amount was donated by the employees of the shipyard and the Chairman and Managing Director, GRSE, Rear Admiral VK Saxena, IN (Retd.) presented the cheque for the said amount to the Hon’ble Mayor of Kolkata on 03 June 2020.

 

 

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PRESS RELEASE
Step towards Atmanirbharta:
Warship IN LCU L-57Indigenously built at GRSE, Commissioned

Kolkata, 15 May 20: The Seventh of the Eight Landing Craft Utility (LCU) IN LCU L 57,built at Garden Reach Shipbuilders and Engineers Limited (GRSE), Kolkata, a Mini Ratna Category 1 & leading shipyard of the countrywas commissioned today at Port Blair by Lt. General PS Rajeshwar PVSM, AVSM, VSM, ADC CINCAN. The ship is the 103rd warship delivered by GRSE. 

GRSE’s association with the Indian Navy is long and strong as over the last six decades the shipyard has been building warships and other vessels for the country’s Navy and Coast Guard. Over last 60 years, GRSE has built and delivered over 780 platforms which include 104 warships to Indian Navy, Indian Coast Guard & Government of Mauritius which is highest number of warships built & delivered by any shipyard in the country. Incidentally, the 100th warship delivered by GRSE was also a Landing Craft Utility, IN L 56. The first ship of the Mark IV LCU Vessels IN LCU L-51 was commissioned into Indian Navy in March 2017.

From building 05 ton boats to 24600-ton Fleet Tanker, GRSE has done it all and has proved its mettle as a pioneer warship builder of the nation.GRSE built ships are varied in their range and scope. From Anti Submarine Warfare Shallow Water Crafts, Frigates, Missile Corvettes, Anti-Submarine Warfare Corvettes, Fleet Tankers, Landing Ship Tank, Landing Craft Utility to Survey Vessels, Offshore Patrol Vessels and Fast Attack Crafts - the repertoire is rich and varied. GRSE has embraced infrastructure modernization over past decades towards creating an integrated shipbuilding facility enabling concurrent construction of 20 ships.GRSE has once again proves its ability to provide end-to-end solutions to their customers ranging from product conceptualization, design, system integration and project management, thereby enhancing the capability to meet customer demands. Key areas of strength of the shipyard include a strong, multi-disciplinary design expertise, production acumen and focused project planning & execution approach. These are traits that have helped the shipyard create strong differentiators in its path of growth.

The entire design of these LCU Mark IV ships has been developed in-house by GRSE as per requirements specified by Indian Navy.The LCU Mark IV Class of ships are fitted with close to 90% indigenous content in line with the Govt. of India’s ‘Make in India’ initiative towards achieving self-reliance and indigenization. LCU Mk-IV is an amphibious ship with its primary role being transportation and deployment of Main Battle Tanks, Armored Vehicles, troops and equipment from ship to shore. The ships are equipped with Bow Ramps to enable loading/unloading of combat equipment and vehicles upon beaching. These ships based at the Andaman and Nicobar Command, can be deployed for multirole activities like beaching operations, search and rescue, disaster relief operations, supply and replenishment and evacuation from distant islands. The LCU is 63 m in length and 11 m wide and has a displacement of 830 T with a low draught of 1.7 m. It can achieve speed of 15 knots. The LCU is designed to accommodate 216 personnel and is equipped with two Indigenous CRN 91 Guns to provide artillery fire support during landing operations. The ship is fitted with state-of-the-art equipment and advanced systems like Integrated Bridge System (IBS) and Integrated Platform Management System (IPMS).

Another class of Landing Ships indigenously designed and built by GRSE are the Landing Ship Tanks (LST). Amphibious warfare vessels, INS Magar and INS Shardul are active part of Operation “Samudra Setu” in which several aircraft of the Indian Air Force and vessels of the Indian Navy have been deployed to bring back stranded Indians amidst the COVID-19 pandemic. GRSE is also supporting the nation’s fight against COVID-19 through contributions to PMCARES fund and distribution of ‘Masks’, ‘Sanitisers’, ‘Soap’ and food grains to the needy amongst the community around the Company.

Currently GRSE has a strong order book of over Rs.27000 Crore equipping the shipyard with a deep pool of revenue-generating projects. 18 ships which include 08 ASWSWC, 03 P17A, 04 Nos. Survey Vessels (Large), 01 LCUs, 02 FPVs are in various stages of construction and are expected to be delivered to the Indian Navy and the Indian Coast Guard accordingly. GRSE continues to sail on a growth trajectory with increased thrust on export of warships, incorporation of latest technologies (Artificial Intelligence, Machine Learning, Data Analytics) in various areas of operations to improve internal efficiencies & profit margins.

 

 

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PRESS RELEASE
GRSE's relief to local needy persons of Metiabruz, Kolkata

Kolkata, 03 May 20: GRSE is actively involved in its efforts to contain the spread of COVID-19 particularly in the area surrounding the Factory premises. As face masks are one of the significant protective equipment to protect from COVID-19, today GRSE distributed 18,000 masks for the needy and vulnerable section of locality as a CSR initiative on 30 Apr 2020. Previously, 4500 masks and 1500 soaps were distributed in two earlier instances to contain the spread of COVID-19 in the local community.

GRSE has also distributed food grains on 30 Apr 2020 to the local administration towards distribution among the needy and poor people residing in the neighborhood who are unable to earn their livelihood due to the country wide lockdown. 2250 kg. rice, 900 kg. pulses and 900 kg. potatoes were distributed for 450 underprivileged families living in the local slum areas of Metiabruz.

The Police who are actually the frontline COVID warriors are also being supported by GRSE from time to time. In continuation to its' earlier endeavours, 650 masks and 650 soaps were handed over for the different Police stations under DC Port on 30 Apr 2020.

 

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PRESS RELEASE
GRSE's contribution towards society in West Bengal to fight against COVID-19

Kolkata, 11 Apr 20: "In support of the Nation's fight against COVID-19, GRSE contributed an amount of Rs.1 crore to the PM CARES Fund . In addition,   the Company has handed over 4000 masks and  1500 lifebuoy soaps  to the Chairman,  Borough XV for distribution among the  underprivileged population of Metiabruz and localities surrounding the Shipyard  premises. Further, 500 masks and 200 sanitizers have been handed over to   the Kolkata Police personnel (Representatives of DC(Port) & DCO (Traffic), South to enable them perform their duty  unhindered and to keep them safe from the dreaded Coronavirus."

 

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PRESS RELEASE
GRSE contributes Rs 1 crore to help fight COVID-19

Kolkata, 03 Apr 20: Garden Reach Shipbuilders and Engineers Limited, a Kolkata-based Miniratna company under the administrative control of the Ministry of Defence, has made a contribution of Rs 1 crore to help India fight the coronavirus pandemic

The novel coronavirus or COVID-19 has been sweeping across the world, disrupting businesses and life in general. While the nations of the world take every possible measure they can to keep this dreaded pandemic at bay, India is also making an all-out effort by imposing a 21-day lockout and practicing social distancing. The yeoman services rendered by our healthcare personnel and various arms of government and non-governmental agencies help carry out the fight to 'break the chain' and restore normalcy in our lives at the earliest. In order to be part of the process of rebuilding the economy in light of the COVID-19 crisis, India's premier warship builder Garden Reach Shipbuilders and Engineers Limited (GRSE) has stepped in by contributing Rs 1 crore to the Prime Minister's Citizen Assistance and Relief in Emergency Situations (PM-CARES) Fund from its Corporate Social Responsibility (CSR) fund.

 

 

 

 

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