Press Releases 2019-2020

FINANCIAL EXPRESS, KOLKATA
THURSDAY, MARCH 12, 2020

THE TELEGRAPH, KOLKATA
THURSDAY, FEBRUARY 27, 2020

DEFENCE WATCH
FEBRUARY 2020

THE INDIAN EXPRESS, KOLKATA
WEDNESDAY, FEBRUARY 26, 2020

THE TELEGRAPH, KOLKATA
WEDNESDAY, FEBRUARY 26, 2020

ANANDA BAZAR PATRIKA, KOLKATA  
WEDNESDAY, FEBRUARY 26, 2020

RAKSHA ANIRVEDA
JANUARY- MARCH 2020

THE CHANAKYA AEROSPACE DEFENCE & MARITIME REVIEW
FEBRUARY 2020

THE CHANAKYA AEROSPACE DEFENCE & MARITIME REVIEW
FEBRUARY 2020

DEFENCE MONITOR
FEBRUARY- MARCH 2020

DAILY HUNT.COM
SATURDAY, FEBRUARY 22, 2020

RAKSHA ANIRVEDA.COM
SATURDAY, FEBRUARY 22, 2020

THE ECHO OF INDIA, KOLKATA
FRIDAY, FEBRUARY 21, 2020

THE INDIAN EXPRESS, KOLKATA
FRIDAY, FEBRUARY 21, 2020

PRABHAT KHABAR, KOLKATA
FRIDAY, FEBRUARY 21, 2020

THE INDIAN EXPRESS, NEW DELHI
FRIDAY, FEBRUARY 21, 2020

FINANCIAL EXPRESS, NEW DELHI
FRIDAY, FEBRUARY 21, 2020

THE MORNING STANDARD, NEW DELHI
FRIDAY, FEBRUARY 21, 2020

THE NEW INDIAN EXPRESS, CHENNAI, HYDERABAD, BANGALORE
FRIDAY, FEBRUARY 21, 2020

ANI.COM
FRIDAY, FEBRUARY 21, 2020

APN NEWS.COM
FRIDAY, FEBRUARY 21, 2020

PSU CONNECT.COM
FRIDAY, FEBRUARY 21, 2020

PSU WATCH.COM
FRIDAY, FEBRUARY 21, 2020

BUSINESS STANDARD, KOLKATA, BANGALORE, CHENNAI, MUMBAI
THURSDAY, FEBRUARY 20, 2020

SANGBAD PRATIDIN, KOLKATA
THURSDAY, FEBRUARY 20, 2020

ECONOMIC TIMES.COM
THURSDAY, FEBRUARY 20, 2020

PEN NEWS.COM
THURSDAY, FEBRUARY 20, 2020

INDIA STRATEGIC.COM
THURSDAY, FEBRUARY 20, 2020

THE TIMES OF INDIA, KOLKATA
WEDNESDAY, FEBRUARY 19, 2020

DAINIK JAGRAN, NEW DELHI
WEDNESDAY, FEBRUARY 19, 2020

PRABHAT KHABAR, KOLKATA
WEDNESDAY, FEBRUARY 19, 2020

YUVA SHAKTI, KOLKATA
WEDNESDAY, FEBRUARY 19, 2020

SAMAGYA, KOLKATA
WEDNESDAY, FEBRUARY 19, 2020

EKDIN, KOLKATA
WEDNESDAY, FEBRUARY 19, 2020

KHABAR 365 DIN, KOLKATA
WEDNESDAY, FEBRUARY 19, 2020

DEP POST.COM
WEDNESDAY, FEBRUARY 19, 2020

PRESS RELEASE
GRSE receives Governance Now PSU Awards 2019

Kolkata, 20 Feb 20: GRSE has been awarded Governance Now PSU Awards 2019 in the categories of “Communication Outreach”, “Digital PSU” & “CSR Commitment.”

Shri Arjun Ram Meghwal, Hon’ble Minister of State, Ministry of Heavy Industries & Public Enterprises, Government of India graced the occasion as the Chief Guest and Shri Shailesh Lodha, actor and writer, famously known as Taarak Mehta as a special guest, felicitated the Public Sector Enterprises.

Director (Personnel), GRSE, Cmde P Hari, IN(Retd.) received the Awards.

THE TIMES OF INDIA, KOLKATA
WEDNESDAY, FEBRUARY 19, 2020

THE TELEGRAPH, KOLKATA
WEDNESDAY, FEBRUARY 19, 2020

THE STATESMAN, KOLKATA, NEW DELHI
WEDNESDAY, FEBRUARY 19, 2020

THE PIONEER, KOLKATA
WEDNESDAY, FEBRUARY 19, 2020

THE INDIAN EXPRESS, KOLKATA
WEDNESDAY, FEBRUARY 19, 2020

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

THE ASIAN AGE, NEW DELHI, MUMBAI
WEDNESDAY, FEBRUARY 19, 2020

MORNING INDIA, KOLKATA
WEDNESDAY, FEBRUARY 19, 2020

EI SAMAY, KOLKATA
WEDNESDAY, FEBRUARY 19, 2020

BARTAMAN, KOLKATA
WEDNESDAY, FEBRUARY 19, 2020

AAJKAL, KOLKATA
WEDNESDAY, FEBRUARY 19, 2020

AVIATION & DEFENCE UNIVERSE.COM
TUESDAY, FEBRUARY 18, 2020

BUSINESS STANDARD.COM
TUESDAY, FEBRUARY 18, 2020

DECCAN HERALD.COM
TUESDAY, FEBRUARY 18, 2020

DEF POST.COM
TUESDAY, FEBRUARY 18, 2020

IANS.COM
TUESDAY, FEBRUARY 18, 2020

LATESTLY.COM
TUESDAY, FEBRUARY 18, 2020

MONEY CONTROL.COM
TUESDAY, FEBRUARY 18, 2020

NEWS PATROLLING.COM
TUESDAY, FEBRUARY 18, 2020

OUTLOOK INDIA.COM
TUESDAY, FEBRUARY 18, 2020

PSU WATCH.COM
TUESDAY, FEBRUARY 18, 2020

UNI INDIA.COM
TUESDAY, FEBRUARY 18, 2020

PRESS RELEASE
GRSE delivers the 4th Anti-Submarine Warfare Corvette, Yard 3020 (Kavaratti)

Kolkata, 18 Feb 20:Garden Reach Shipbuilders and Engineers Ltd., (GRSE), a leading Warship builder and Miniratna Category 1 Company under the administrative control of the Ministry of Defence delivered Yard 3020(Kavaratti), to the Indian Navy on 18 Feb 20.The ship is the 104th Warship built and delivered by GRSE since its inception in 1960 and is the Last in the Series of 04 Anti-Submarine Warfare Corvettes (ASWC) under the Project 28.

“Kavaratti” was handed over by Rear Admiral VK Saxena, IN (Retd.), Chairman & Managing Director, GRSE to Cdr. Sandeep Singh, Commanding Officer (Desig) of the ship, in the presence of Cmde. DK Goswami, CEO, Chairman, D448 Eastern Naval Command, Shri S S Dogra, Director (Finance), Cmde. Sanjeev Nayyar, IN (Retd), Director (Shipbuilding) and Cmde. P R Hari, IN (Retd), Director (Personnel) and other Senior Officials of Indian Navy and GRSE.

The frirst three ships of the series, INS Kamorta, INS Kadmatt & INS Kiltan were delivered earlier and now form an integral part of Eastern Fleet of the Indian Navy. The P 28 Class of ships strengthens the Indian Defence System and is the shining Armor in the “Make in India” programme.

The first 03 Anti-Submarine Warfare Corvettes built by GRSE have been creating waves across the world since their induction to the Indian Navy,having participated in several Overseas Operations and International Maritime Exhibitions at Malaysia, Singapore and other countries including International Fleet Reviews. The 3rdAnti-Submarine Warfare Corvette, INS Kiltan recently participated in the prestigiousExercise Malabar 2019, an endeavor to strengthen India-Japan-US Naval Cooperation and enhance inter – operability. With 90% Indigenous Content, equipped to fight in Nuclear, Biological and Chemical Warfare conditions, featuring the integration of a host of weapons and sensors, the P 28 Class of ships is yet another milestone in the journey towards self – reliance and Make In India. These Anti-Submarine Warfare Corvettes have catapulted the Indian Navy into the Elite Club of building Stealth Ships. The “X” form of the Hull and Super Structure gives very Low Radar Cross Section and special design of propulsion system minimizes Radiated Underwater Noise. The Stealth features make the ships almost invisible to the enemy both above and below the sea surface.

The Kamorta class of Corvettes are designed to be equally effective in the littorals as well as in the deep oceans. These class of ships have been designed as an extremely versatile ASW Platform capable of neutralizing the enemy submarines using her indigenous weapons like Torpedoes, Rocket Launchers and integral Helicopter. The ship has a displacement of 3250 tonnes, length of 109 M and width of 12.8 M.The ship has a maximum speed of 25 Knots, with an endurance of over 3400 NM at 18 knots speed and can accommodate 17 officers and 106 sailors.

Some of the special features incorporated in these ships for the first time in the country include the following:-

  • Special High Strength Warship Grade Steel Type DMR 249A Indigenously developed and has been used for shipbuilding for the first time in the country on these ships.
  • Kavaratti and INS Kiltan are the first two major warships to have the unique feature of Superstructure made of Carbon Fiber Composite Material. It is for the first time in the country that such composite material is being integrated with steel hull of a ship and GRSE is the first shipyard in the country to have successfully achieved this task.
  • Over 90% Indigenous Content and hence a major step towards achieving self-reliance in the state of the art warship design and construction.

The journey of delivering “Kora Class” Missile Corvettes way back in the 1990s to the delivery completion of the four Anti – Submarine Warfare Corvettes gives GRSE the exclusive edge in construction of these Frontline Corvettes for the Indian Navy.

GRSE currently has a strong order book position of over Rs 27, 000 crore under which there are a total of 18 warshipsat various stages of construction. GRSE touched a key milestone with the delivery of 06 warships in 12 months (Mar 19-Feb 20). With the delivery of Kavaratti, the company has Five Shipbuilding Projects that are under way viz., Four Projects of the Indian Navy and One of the Indian Coast Guard. GRSE is aggressively bidding for the new Request for Proposals (RFP) that have been issued by Ministry of Defence and is exploring possibilities for Export to friendly countries for its Warships and Pre-fabricated Steel Bridges.The shipyard has been recently awarded with the ICC PSE Excellence Award (2017-18) for “Operational Performance Excellence” and 16th National Award for “Excellence in Cost Management” in the category of Medium Public Sector Manufacturing Companies. In Jul 19, GRSE was also recognised as one of the “Next Fortune 500 Companies of India”.

GRSE continues to sail on a growth trajectory with incorporation of latest technologies (Artificial Intelligence, Machine Learningand Data Analytics) in various areas of operations to improve internal efficiencies & profit margins.

HINDUSTAN TIMES, NEW DELHI
SATURDAY, FEBRUARY 15, 2020

THE INDIAN EXPRESS, KOLKATA
FRIDAY, FEBRUARY 14, 2020

PRABHAT KHABAR, KOLKATA
THURSDAY, FEBRUARY 13, 2020

BUSINESS STANDARD, KOLKATA
THURSDAY, FEBRUARY 13, 2020

BUSINESS STANDARD, MUMBAI, AHMEDABAD, BANGALORE, HYDERABAD, CHENNAI
THURSDAY, FEBRUARY 13, 2020

EKDIN, KOLKATA
WEDNESDAY, FEBRUARY 12, 2020

THE ECHO OF INDIA, KOLKATA
WEDNESDAY, FEBRUARY 12, 2020

THE ECHO OF INDIA, KOLKATA
WEDNESDAY, FEBRUARY 12, 2020

MORNING INDIA, KOLKATA
WEDNESDAY, FEBRUARY 12, 2020

THE TELEGRAPH, KOLKATA
TUESDAY, FEBRUARY 11, 2020

THE FREE PRESS JOURNAL, MUMBAI
TUESDAY, FEBRUARY 11, 2020

YUVASHAKTI, KOLKATA
TUESDAY, FEBRUARY 11, 2020

PSU WATCH.COM
TUESDAY, FEBRUARY 11, 2020

DEFENCE NEWS.IN
TUESDAY, FEBRUARY 11, 2020

MORNING INDIA, KOLKATA
TUESDAY, FEBRUARY 11, 2020

THE ECHO OF INDIA, KOLKATA
TUESDAY, FEBRUARY 11, 2020

PRESS RELEASE
GRSE Hands Over Dividend Cheque to Government of  India

Kolkata, 10 Feb 20: Dividend cheques of total amount Rs. 59.31 crore for the Financial Year 2018-19 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, in presence of  Shri Barun Mitra, Special Secretary (Defence Production), Dr. Amit Sahai, Joint Secretary (Naval Systems),  and Shri S S Dogra Director (Finance). GRSE Kolkata, a Mini Ratna Defence PSU Shipyard, has been consistent in paying Dividend to the Shareholders every year and has done so for the last 26 yearsGRSE has the distinction of being the only Defence Shipyard to have delivered more than 100 warships (103 warships as on date) since inception in 1960. GRSE has a strong order book position which stands at Rs. 27,047 crore as on 31 Dec 19.

THE MORNING INDIA, KOLKATA
MONDAY, FEBRUARY 10, 2020

PSU WATCH.COM
MONDAY, FEBRUARY 10, 2020

MARKET CHEETAH.COM
MONDAY, FEBRUARY 10, 2020

BUSINESS STANDARD.COM
MONDAY, FEBRUARY 10, 2020

THE NEW INDIAN EXPRESS, HYDERABAD, CHENNAI
SUNDAY, FEBRUARY 09, 2020

THE NEW INDIAN EXPRESS, BANGALORE
SUNDAY, FEBRUARY 09, 2020

THE SUNDAY STANDARD, NEW DELHI
SUNDAY, FEBRUARY 09, 2020

PRESS RELEASE
GRSE inks Three Strategic Collaborations at Defexpo 2020

Kolkata, 08 Feb 20: Garden Reach Shipbuilders & Engineers Ltd. signed an MoU with M/S Berd, Portugal to explore and identify synergies and partnerships to approach the bridge market in India and neighbouring countries. The MoU was inked by Chairman & Managing Director GRSE, Rear Admiral VK Saxena, IN (Retd)and Mr. Diogo Graca Moura, Vice President, Sales and Marketing of M/s Berd.

A tripartite MoU was signed between GRSE, M/s Elbit and BEL for indigenization of Unmanned Surface Vessel. Director (Shipbuilding) GRSE, Cmde. Sanjeev Nayyar, IN (Retd), Mr. Yaron Levi, Rear Admiral (res), Vice President, M/s Elbit Systems – ISTAR and Smt. Anandi Ramalingam, Director (Mktg) BEL inked the MoU.

To explore manufacture of propulsion waterjets in India with high level of Indigenous Content, an MoU was signed between GRSE and M/S Konsberg, Sweden. Cmde. Sanjeev Nayyar, IN (Retd) Director (Shipbuilding) GRSE, and Mr. Thomas Runlend , Senior Vice President M/s Konsberg signed the MoU.

THE INDIAN EXPRESS, KOLKATA
FRIDAY, FEBRUARY 07, 2020

THE STATESMAN, KOLKATA
FRIDAY, FEBRUARY 07, 2020

THE PIONEER, HYDERABAD
FRIDAY, FEBRUARY 07, 2020

BUSINESS STANDARD.COM
FRIDAY, FEBRUARY 07, 2020

GEOPOLITICS
WEDNESDAY, FEBRUARY 05, 2020

AEROMAG ASIA
WEDNESDAY, FEBRUARY 05, 2020

PSU WATCH.COM
WEDNESDAY, FEBRUARY 05, 2020

PSU WATCH.COM
WEDNESDAY, FEBRUARY 05, 2020

THE ECHO OF INDIA, KOLKATA
TUESDAY, FEBRUARY 04, 2020

MORNING INDIA, KOLKATA
TUESDAY, FEBRUARY 04, 2020

PRABHAT KHABAR, KOLKATA
TUESDAY, FEBRUARY 04, 2020

PRESS RELEASE
GRSE celebrated Family Day – “AHOBAN”

Kolkata, 03 Feb 20: As a part of Diamond Jubilee celebrations of GRSE, Annual Family Day 2019 – 20 ‘AHOBAN’ was observed on 02 Feb 20. The event witnessed participation of employees from all units of GRSE.

Rear Admiral V.K. Saxena, IN (Retd.), Chairman & Managing Director GRSE, Sri S.S. Dogra, Director (Finance), Cmde. S. Nayyar, Director (Shipbuilding) Cmde. P R Hari, Director (Personnel), and other senior officials along with their good ladies graced the occasion and were also actively participated in the day long programme.

The event was held in GRSE Main Unit and around 900 employees and their family members participated in the programme. GRSE organized various competitions for the employees and their families, followed by the prize distribution ceremony where the winners and runners – ups were given away prizes by the senior officials of GRSE. 

Various events such as Quiz, Essay writing and painting competition, Lemon and spoon race, Short Drama competition etc. were organized to entertain the employees and their families. The event concluded with scintillating musical programme by Mr. Sayam Paul, renowned finalist of “Zee Bangla Sa-Re-Ga-Ma-Pa”, who belted popular numbers which enthralled the audience.

FINANCIAL EXPRESS, KOLKATA
SATURDAY, FEBRUARY 01, 2020

PRESS RELEASE
Performance Review
Results of Quarter Ended and Nine Months Ended 31st December, 2019

Kolkata, 1stFebruary 2020:Garden Reach Shipbuilders & Engineers Limited (GRSE), one of the leading warship builders in the country have announced its Financial Results for the 3rdQuarter threeand Nine months ended December 31, 2019.

9M FY20:  Revenue up by 9%, PAT up by 49%

Highlights for 9MFY20 vis-à-vis 9M FY 19

  • Total Income up by 13% to Rs.1149.32crore
  • Operating Revenue up by 9% to Rs. 976.61 crore
  • Profit Before Tax up by 46% to Rs. 154.72 crore
  • Profit After Tax up by 49% to Rs. 113.80 crore

Q3 FY20: Revenue down by 24%, PAT down by 38% against same period of Previous Year

  • Revenue from Operations stood at Rs. 976.61Cr as compared Rs.897.21Cr, up 9 % for 9MFY19
  • EBITDA stood at Rs. 178.61Cr as compared to Rs. 130.10Cr, 37 %, improvement over Nine months of Previous Year.
  • EBITDA (Margin) is 16% in current Nine months against 13% in the corresponding Nine months. Thus, registering an increase of 3%.
  • PBT stood at Rs. 154.72Cr as compared to Rs. 105.95 Cr, up by 46%, in comparison to Nine months of Previous Year.
  • Profit After Tax (Margin) is 10% in current Nine months against 7% in the corresponding Nine months Thus, registered an increase of 3%.
  • PAT stood at Rs.113.80 Cr, as compared to Rs. 76.32Cr, up by 49%, in comparison to same period of Previous Year.
  • EPS stood at Rs. 9.93 as compared to Rs. 6.66, up 49 %, in comparison to same period of Previous Year.

Q3 FY20: Revenue down by 24%, PAT down by 38% against same period of Previous Year

Highlights for Q3 FY20 vis–a-vis Q3 FY19

  • Total Incomedecreased by 21% to Rs. 420.87 crore
  • Operating Revenue down by 24% to Rs. 369.63 crore
  • Profit Before Tax down by 42% to Rs. 41.46 crore
  • Profit After Tax down by 38 % to Rs. 29.50 crore
  • EPS at Rs. 2.57 as compared to Rs 4.13 last year, down by 38%

Q3 FY20 Vis-à-vis Q3 FY19:

  • Revenue from Operations for the quarter ended December 31, 2019 stood at Rs.369.63 Cr., as compared to Rs. 488.59 Cr. in the same period of Previous Year.
  • EBITDA (Margin) is 12 % in current quarter against 15% in the corresponding quarter of last year. Thus, registering a decrease of 3 %.
  • Profit Before Tax stood at Rs. 41.46 Cr. in current quarter against Rs.71.25 Cr.in the corresponding quarter of last year. Decrease is 42%.
  • Profit After Tax (Margin) is 7% in current quarter against 9% in the corresponding quarter of last year. Thus, registered a decrease of 2%.
  • Profit After Tax stood at Rs. 29.50 Cr. in current quarter against Rs.47.34 Cr. in the corresponding quarter of last year. Decrease is 38%.
  • Earnings Per Share for Q3 FY20 stood at Rs. 2.57, as compared to Rs. 4.13 for Q3 FY19

Operational Highlights of Reported Period

The company is currently executing 06 Projects with construction of 19 Ships.  Of these Projects, 05 Projects are for Indian Navy and 01 Project is for Indian Coast Guard.

As on 31 Dec 2019, the company Order Book position stands at Rs. 27,047 Crores with shipbuilding projects related Order Book Value of Rs. 26,732 Crores.  During the Reported Period the company delivered 03 Ships, 01 for Indian Navy and 02 for Indian Coast Guard.  With these deliveries the company delivered 05 Ships in total during the 10 months period from Mar 2019 till Dec 2019.

Under Indian Navy Contract for construction of 03 Advanced Stealth Frigates with total Contract Value of Rs. 19,295 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.

Management Comments

The shipbuilding process is highly complex process & construction activities involve long gestation period.  In this process, the shipyard plays the role of integrator while Vendors / Suppliers / OEMs work with the shipyard closely for continuing with the construction activities.

With this nature of business of warship construction, year-on-year performance is considered relevant than the quarter-on-quarter performance.

 

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 Investor Relations

Tel:  +91 9831447982

Tel: +022 40558900

E-mail: [email protected]

M: +91 7798232425/9773778669

 

E-mail:[email protected]/[email protected]

BHANDARKAR PUBLICATION.COM
THURSDAY, JANUARY 30, 2020

AVIATION & DEFENCE UNIVERSE.COM
WEDNESDAY, JANUARY 29, 2020

THE TELEGRAPH, KOLKATA
WEDNESDAY, JANUARY 29, 2020

MORNING INDIA, KOLKATA
WEDNESDAY, JANUARY 29, 2020

PRABHAT KHABAR, KOLKATA
WEDNESDAY, JANUARY 29, 2020

THE ECHO OF INDIA, KOLKATA
TUESDAY, JANUARY 28, 2020

THE NEW INDIAN EXPRESS, BANGALORE
TUESDAY, JANUARY 28, 2020

THE MORNING STANDARD, NEW DELHI
TUESDAY, JANUARY 28, 2020

THE PIONEER, NEW DELHI
TUESDAY, JANUARY 28, 2020

SANMARG, KOLKATA
TUESDAY, JANUARY 28, 2020

AVIATION & DEFENCE UNIVERSE.COM
MONDAY, JANUARY 27, 2020

DAILY PIONEER.COM
MONDAY, JANUARY 27, 2020

PSU WATCH.COM
MONDAY, JANUARY 27, 2020

PRESS RELEASE
GRSE observes Republic Day 2020

Kolkata, 27 Jan 20: Rear Admiral VK Saxena, IN (Retd.), Chairman & Managing Director, GRSE, Kolkata, hoisted the National Flag in Main Works, GRSE on the Occasion of Republic Day 2020. Shri S.S.Dogra, Director (Finance), Cmde Sanjeev Nayyar, Director (Shipbuilding), Cmde. P R Hari, Director (Personnel) 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, paid homage to the Indian Soldiers for their greatest sacrifice for the wellbeing of the nation. He also stated that, India has achieved a lot in the field of defence, finance and more. Speaking on GRSE achieving the landmark of delivering 11 warships in last 31 months, he urged employees to continue to improve their efficiency levels and feeling of ownership towards the shipyard to take GRSE forward.

Jai Hind!

THE ECHO OF INDIA, KOLKATA
SUNDAY, JANUARY 26, 2020

DEFENCE AVIATION POST.COM
SATURDAY, JANUARY 25, 2020

INDIA DEFENCE NEWS.IN
SATURDAY, JANUARY 25, 2020

THE ECHO OF INDIA, KOLKATA
SATURDAY, JANUARY 25, 2020

THE TELEGRAPH, KOLKATA
SATURDAY, JANUARY 25, 2020

MORING INDIA, KOLKATA
SATURDAY, JANUARY 25, 2020

PRABHAT KHABAR, KOLKATA
SATURDAY, JANUARY 25, 2020

PRESS TRUST INDIA.COM
SATURDAY, JANUARY 25, 2020

YAHOO NEWS.COM
SATURDAY, JANUARY 25, 2020

TIMES OF INDIA.COM
SATURDAY, JANUARY 25, 2020

APN NEWS.COM
SATURDAY, JANUARY 25, 2020

INDIA NEWS.COM
SATURDAY, JANUARY 25, 2020

GLOBAL PRIME NEWS.COM
SATURDAY, JANUARY 25, 2020

PSU WATCH.COM
SATURDAY, JANUARY 25, 2020

BUSINESS STANDARD.COM
FRIDAY, JANUARY 24, 2020

PRESS RELEASE
GRSE Lays Keel of2nd Advanced Stealth FrigatePrestigious Project 17A

Kolkata, 24 Jan 20:Garden Reach Shipbuilders and Engineers Limited (GRSE) touched a key milestone in its Project 17A with the laying of the keel of its second of three Advanced Stealth Frigates. The keel was laid at GRSE’s Main Works Unit by Shri D Santra, Structural Fitter (Sk-II) of Shipbuilding Shop in the august presence of Vice Admiral G Ashok Kumar, AVSM, VSM, Vice Chief of Naval Staff. The occasion was graced by Rear Admiral VK Saxena, IN (Retd.), Chairman & Managing Director, GRSE, Shri. S.S Dogra, Director (Finance), Cmde. SanjeevNayyar, IN (Retd), Director (Shipbuilding) and Cmde. P R Hari, Director (Personnel) and other senior officers of the Indian Navy led by Rear Admiral G K Harish,VSM, Director General (Naval Design) and GRSE.

The prestigious contract of Rs. 19294crorefor construction of three highly Advanced Stealth Frigates under Project 17A is the largest ever order won by the company. This contract was signed between the Ministry of Defence and GRSE on 20Feb 15. The first ship is expected to be delivered in 2023 and the next two ships in 2024 and 2025 respectively. Today’s Keel Laying marked another project milestone being achieved ahead of schedule by GRSE.

P17A Frigates are state-of-the-art Guided Missile Frigates. Each of these ships are149 m long, with displacement of approximately 6670 T and a speed of 28 knots.P17A Stealth Frigates are being built deploying the latest Integrated Construction Methodology with enhanced pre-outfitting to enhance quality and reduce build periods considerably. GRSE has appointed M/s Fincantieri, Italy as the Knowhow Provider for Technology Upgrade and Capability Enhancement.

In his welcome address, Rear Admiral VK Saxena, IN (Retd.), Chairman & Managing Director, GRSE acknowledged Indian Navy’s confidence in GRSE for awarding this prestigious project. He also stated that “New initiatives are being undertaken in shipbuilding at  GRSE to gear  up to meet  future challenges and deliver quality  ships on time”. The Chairman brought out that the Shipyard has the capacity to build 20 ships concurrently and is enhancing capacity to build 24 warships concurrently over the next few years.

Vice Chief of Naval Staff  (VCNS) in his address commended GRSE for its commitment in providing support  to  the ships built  by GRSE  & stated that “GRSE  can be proud  of its  achievements as it continues  to build complex ships under stringent timelines”. VCNS also stated that  Indian Navy and Indian Coast Guard are on a growth path which bodes well for the shipyard’s future wherein quality ships are expected on time.

GRSE currently has a strong order book position of around Rs 27, 400 crore under which there are a total of 19 warships areat various stages of construction under Six Projects that are under way viz., Five Projects of the Indian Navy and One of the Indian Coast Guard. GRSE have delivered 05 Warships to Indian Navy in last 10 months (Mar 19 –Dec 19).  The shipyard has been recently awarded with the ICC PSE Excellence Award (2017-18) for “Operational Performance Excellence” and 16th National Award for “Excellence in Cost Management” in the category of Medium Public Sector Manufacturing Companies. GRSE is aggressively bidding for the new Request for Proposals (RFP) that have been issued by Ministry of Defence.Continuing Research &Innovation, excellent product quality, world class modern infrastructure, and a strong corporate structure coupled witha competent & experienced Human Capital including around 100 In-House Design Engineers, promise a bright future for GRSE. The company is showcasing it’s shipbuilding capabilities at DEFEXPO 2020 at Lucknow.

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 operating efficiencies & profit margins.

FINANCIAL EXPRESS, NEW DELHI
WEDNESDAY, JANUARY 22, 2020

BUSINESS STANDARD, KOLKATA
 TUESDAY, JANUARY 21, 2020

THE INDIAN EXPRESS, NEW DELHI
 TUESDAY, JANUARY 21, 2020

THE ECHO OF INDIA, KOLKATA
 MONDAY, JANUARY 20, 2020

THE TELEGRAPH, KOLKATA
 MONDAY, JANUARY 20, 2020

PRABHAT KHABAR, KOLKATA
SUNDAY, JANUARY 19, 2020

RAJASTHAN PATRIKA, KOLKATA
SUNDAY, JANUARY 19, 2020

MORNING INDIA, KOLKATA
SUNDAY, JANUARY 19, 2020

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PRESS RELEASE
GRSE WIPS Cell Organizes Workshop for its Lady Employees

Kolkata, 18 Jan 20: The Forum of Women In Public Sector (WIPS), GRSE Chapter, organized a workshop “Communicate to Connect” for its women employees on 18 Jan 2020.

Chairman and Managing Director, GRSE Rear Admiral VK Saxena, IN (Retd.) inaugurated the session in the esteemed presence of Shri S.S.Dogra, Director(Finance), Cmde P.R.Hari, Director (Personnel) and other senior officials of GRSE. The Speaker for the Workshop was Mr.Arvind Raikar, a Dale Carnegie Trainer from Tata Management Development Center, Tata Steel.

WIPS Cell in GRSE was formed in 2016. The Cell ensures representation of Women Employees’ participation in WIPS National and Regional Meets and other Women Empowerment Programs every year. It has also been organizing Seminars, Workshops, Tree Plantation and Women’s Day Celebrations every year to engage and enhance behavioral competencies in the Women workforce of GRSE. WIPS membership in GRSE has significantly increased from 14 members initially to 47 members in 2019.

The workshop was aimed to effectively adapt, learn and enhance communication skills at home and work. The objective was to make the participants learn effective communication.

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FRIDAY, JANUARY 17, 2020

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FRIDAY, JANUARY 17, 2020

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TUESDAY, JANUARY 14, 2020

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TUESDAY, JANUARY 14, 2020

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MONDAY, JANUARY 13, 2020

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MONDAY, JANUARY 13, 2020

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MONDAY, JANUARY 13, 2020

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MONDAY, JANUARY 13, 2020

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MONDAY, JANUARY 13, 2020

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MONDAY, JANUARY 13, 2020

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SUNDAY, JANUARY 12, 2020

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SUNDAY, JANUARY 12, 2020

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SUNDAY, JANUARY 12, 2020

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SUNDAY, JANUARY 12, 2020

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SUNDAY, JANUARY 12, 2020

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SUNDAY, JANUARY 12, 2020

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SUNDAY, JANUARY 12, 2020

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SUNDAY, JANUARY 12, 2020

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SUNDAY, JANUARY 12, 2020

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SUNDAY, JANUARY 12, 2020

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SUNDAY, JANUARY 12, 2020

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SUNDAY, JANUARY 12, 2020

RESS RELEASE
GRSE built FPVs “ICGS Amrit Kaur” and “ICGS Annie Besant” Commissioned

Kolkata, 12 Jan 20: The journey that started in 1961 with the delivery of INS Ajay, is now moving towards a splendid celebration of adding yet another milestone on GRSE’s cap with the commissioning of FPVs “ICGS Amrit Kaur” and “ICGS Annie Besant” built by Garden Reach Shipbuilders and Engineers Limited (GRSE), Kolkata, a Mini Ratna Category 1 & leading shipyard of the country. GRSE has been recently recognized as one of the “Next Fortune 500 Companies of India” at an Event Celebrating “India’s Largest Midsize Companies and Value Creators”.

The second and third of the five Fast Patrol Vessels (FPVs) were commissioned today at Kolkata Port Trust by Dr. Ajay Kumar, IAS, Defence Secretary, Govt. of India.The ceremony was attended by Rear Admiral VK Saxena, IN(Retd), Chairman & Managing Director, GRSE, Cmde Sanjeev Nayyar, IN(Retd.), Director (Shipbuilding), and other senior officials of the Indian Coast Guard and GRSE.

The FPVs are a medium-range surface vessel with a length of 50 m, a width of 7.5 m and displacement of around 308 T and are capable of operations 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. The FPV designs which are exclusive to GRSE are an improvisation on the Inshore Patrol Vessels (IPVs) built by the Shipyard for the Indian Coast Guard, a few years ago. 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 by Dept. of Scientific & Industrial Research (DSIR), Ministry of Science & Technology, and Govt. of India.

Over the last 59 years, GRSE has built 784 platforms which include 103 warships to the Indian Navy, Indian Coast Guard & Government of Mauritius which is the highest number of warships built & delivered by any shipyard in the country. From building 05-ton boats to 24,600 ton Fleet Tanker, GRSE has done it all and has proved its mettle as a pioneer warship builder of the nation.

GRSE currently has a strong order book position of around Rs. 27, 000 crore under which there are a total of 19 warships at various stages of construction. Presently, the company has six projects that are underway viz., five projects of the Indian Navy and one of the Indian Coast Guard.

GRSE continues to raise its bar higher in the sphere of maritime engineering excellence. Continuous research and innovation, excellent product quality, lean thinking and a strong corporate structure powered by an outstanding human capital, promises a great future for GRSE.

THE TELEGRAPH, KOLKATA
THURSDAY, JANUARY 09, 2020

THE TELEGRAPH, KOLKATA
FRIDAY, JANUARY 03, 2020

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SATURDAY, DECEMBER 28, 2019

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TUESDAY, DECEMBER 24, 2019

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TUESDAY, DECEMBER 24, 2019

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SUNDAY, DECEMBER 22, 2019

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SATURDAY, DECEMBER 21, 2019

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SATURDAY, DECEMBER 21, 2019

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FRIDAY, DECEMBER 20, 2019

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WEDNESDAY, DECEMBER  18, 2019

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TUESDAY, DECEMBER 17, 2019

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TUESDAY, DECEMBER 17, 2019

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TUESDAY, DECEMBER 17, 2019

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TUESDAY, DECEMBER 17, 2019

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TUESDAY, DECEMBER 17, 2019

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TUESDAY, DECEMBER 17, 2019

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TUESDAY, DECEMBER 17, 2019

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TUESDAY, DECEMBER 17, 2019

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TUESDAY, DECEMBER 17, 2019

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MONDAY, DECEMBER 16, 2019

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MONDAY, DECEMBER 16, 2019

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SUNDAY, DECEMBER 15, 2019

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SUNDAY, DECEMBER 15, 2019

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SUNDAY, DECEMBER 15, 2019

PRESS RELEASE
GRSE Observes “Swachhta Pakhwada” and creates Cleanliness Awareness

Kolkata, 14 Dec 19: As a part of Government of India’s national campaign, Garden Reach Shipbuilders and Engineers Ltd. has organised a cleanliness drive as part of the ‘Swachhta Pakhwada’ from 01 Dec 19 to 15 Dec 19. The event commenced with a Oath Taking Ceremony on 02 Dec 19 at various units of the Shipyard followed by Plogging Activity at TTC Baranagar Unit by 40 employees and trainees on 07 Dec 19 .

Various Swachhta events were observed to create wide spread awareness about cleanliness till 14 Dec 19. Events such as inter-school painting and quiz competition were conducted at Jagacha High School, Howrah on 11 Dec 19 to spread awareness about benefits of cleanliness and hygiene. A workshop on General Hygiene, Sanitation and Plastic Waste Management was held at GRSE Main Unit on 13 Dec 19. Students from 10 schools spread over an area of about 10-15 km and 25 CISF Personnel participated in the workshop. The workshop was conducted by professors from Maulana Abul Kalam Azad University of Technology. The two week campaign concluded with an inter-school short drama competition on “Bad effects of Plastic” on 14 Dec 19 at the Company’s Main Unit. The event was followed by an impressive prize distribution ceremony where in,  Rear Admiral VK Saxena, IN (Retd.), Chairman & Managing Director, GRSE, Shri S S Dogra, Director (Finance), Cmde. Sanjeev Nayyar, IN (Retd.), Director (Shipbuilding), Cmde. P R Hari, Director (Personnel) and Shri Dipankar Mahto CVO gave away prizes to the winners of various competitions organized during the “Pakhwada”.

In his address to the participants Rear Admiral VK Saxena, IN (Retd.), stated that the Change brought about by the government’s cleanliness drive is visible across the country. He stated that GRSE has persevered to improve and maintain hygiene and sanitation facilities in schools in the locality. He congratulated the winners of the competitions and thanked all students and teachers who actively took part in the campaign with so much enthusiasm. He called upon all participants to come together and work conscientiously to improve cleanliness levels in our surroundings and sought dedicated efforts from one and all to make Kolkata one of the cleanest cities in India.

 The aim of the campaign is to raise awareness amongst the community, against ill-effect of plastic on environment, bringing about behavioural change with respect to sanitation and to give up use of plastic including carry bags, plastic cutlery, plastic water bottles, etc. It aimed to create awareness of healthcare and hygiene.

The Swachh Bharat Mission is one of the flagship programs of the central government, launched by Prime Minister Narendra Modi, to realise Mahatma Gandhi’s dream of ‘Clean India’.

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SATURDAY, DECEMBER 14, 2019

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SATURDAY, DECEMBER 14, 2019

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FRIDAY, DECEMBER 13, 2019

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FRIDAY, DECEMBER 13, 2019

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FRIDAY, DECEMBER 13, 2019

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FRIDAY, DECEMBER 13, 2019

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FRIDAY, DECEMBER 13, 2019

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FRIDAY, DECEMBER 13, 2019

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THURSDAY, DECEMBER 12, 2019

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THURSDAY, DECEMBER 12, 2019

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THURSDAY, DECEMBER 12, 2019

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THURSDAY, DECEMBER 12, 2019

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THURSDAY, DECEMBER 12, 2019

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THURSDAY, DECEMBER 12, 2019

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THURSDAY, DECEMBER 12, 2019

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THURSDAY, DECEMBER 12, 2019

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THURSDAY, DECEMBER 12, 2019

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THURSDAY, DECEMBER 12, 2019

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THURSDAY, DECEMBER 12, 2019

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THURSDAY, DECEMBER 12, 2019

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WEDNESDAY, DECEMBER 11, 2019

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WEDNESDAY, DECEMBER 11, 2019

PRESS RELEASE
GRSE, 1st Indian Shipyard to deliver 103 Warships since 1960

Kolkata, 11 Dec 19: Garden Reach Shipbuilders and Engineers Ltd., (GRSE), a leading warship building company and Miniratna Category 1 company under the administrative control of the Ministry of Defence delivered IN LCU L-57 (Yard 2098),seventh in the series of eight such vessels to the Indian Navy. The ship is the 103rd Warship built and delivered by GRSE so far since its inception in 1960.

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, Lt. Commander V Harshvardhan, in the presence of Commodore DK Murali,CSO (Tech), HQANC, Chairman D-448,   Shri S S Dogra, Director (Finance), Cmde. Sanjeev Nayyar, IN (Retd), Director (Shipbuilding) and Cmde.P R Hari, Director (Personnel) and other Senior Officials of GRSE and Indian Navy.

LCU Mk-IV ship 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. 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 entire design of the LCU Mark IV ships has been developed in-house by GRSE as per requirements specified by the Indian Navy. The LCU is 62.8 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 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.

The First Ship of the Mark IV LCU Vessels IN LCU L-51 was commissioned into Indian Navy during 2016.

With the Handing Over of IN LCU L-57, GRSE has once again demonstrated its’ Commitment to Strengthen the Maritime Security of the Nation. The shipyard has delivered 05 warships to Indian Navy in Last 10 months (Mar 2019- Dec 2019).

GRSE currently has a strong order book position of around Rs 27, 400 crore under which there are a total of 19 warships at various stages of construction. The shipyard has been recently awarded with the ICC PSE Excellence Award (2017-18) for “Operational Performance Excellence” and 16th National Award for “Excellence in Cost Management” in the category of Medium Public Sector Manufacturing Companies. Presently, the company has Six Projects that are under way viz., Five Projects of the Indian Navy and One of the Indian Coast Guard. GRSE is aggressively bidding for the new Request for Proposals (RFP) that have been issued by Ministry of Defence.

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.

THE SUNDAY STANDARD, NEW DELHI
SUNDAY, DECEMBER 08, 2019

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SUNDAY, DECEMBER 08, 2019

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SATURDAY, DECEMBER 07, 2019

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FRIDAY, DECEMBER 06, 2019

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FRIDAY, DECEMBER 06, 2019

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WEDNESDAY, DECEMBER 04, 2019

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WEDNESDAY, DECEMBER 04, 2019

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WEDNESDAY, DECEMBER 04, 2019

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TUESDAY, DECEMBER 03, 2019

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TUESDAY, DECEMBER 03, 2019

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TUESDAY, DECEMBER 03, 2019

PRESS RELEASE
GRSE CSR INITIATIVE IN ASSOCIATION WITH RAMAKRISHNA MISSION, BELUR MATH

Kolkata, Dec 03, 2019: GRSE has undertaken a CSR project to bring about physical, mental and intellectual development of children who are deprived of basic necessities like food, nutrition and medical care and hailing from tribal areas of Badree, Getalsud and Tupudana of Ranchi District, in association with Ramakrishna Mission, Belur Math. About 255 underprivileged children are being supported for an approx. project cost of Rs. 1.01 Crore for three years.

Between 27 Nov-28 Nov 19, Cmde P R Hari, IN Retd. Director (Personnel), GRSE and senior officials of GRSE distributed school bags, shoes, uniform, sports items to the underprivileged children in Ranchi District.

The CSR initiative to support 05 Gadadhar Abhyudaya Prakalpa (GAP) Units at Ranchi in association with Ramakrishna Mission, Belur Math is part of GRSE’s on-going commitment to enhance the lives of the communities it operates in. The Shipyard had recently organized a ‘Swachhta Sarthi Bike Rally’ to create awareness about cleanliness and healthy lifestyle amongst people in Kolkata. GRSE has a long association with the Indian Institute of Cerebral Palsy (IICP) wherein it has been adopting Education Development Units and Vocational Training Units called Life Skill Training Units. “Health on Wheels” was another unique initiative by GRSE where a Mobile Health Camp was organized to cater to the basic health care facilities in certain residencies in Kolkata where access to primary healthcare is not easily available. The Camp aimed to create awareness of healthcare and hygiene among households, which included students, youth, men and women.

AVIATION & DEFENCE UNIVERSE.COM
TUESDAY, DECEMBER 03, 2019

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MONDAY, DECEMBER  02, 2019

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DECEMBER 2019

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FRIDAY, NOVEMBER 29, 2019

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FRIDAY, NOVEMBER 29, 2019

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FRIDAY, NOVEMBER 29, 2019

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FRIDAY, NOVEMBER 29, 2019

PRESS RELEASE
GRSE conducts “Health on Wheels” to take free healthcare to the masses

Kolkata, Nov 28, 2019: Garden Reach Shipbuilders and Engineers Limited (GRSE) had taken the unique initiative of organizing a Mobile Health Camp to cater to the basic health care facilities in the community. The Camp also aimed to create awareness of healthcare and hygiene among households, which included students, youth, men and women in under-privileged areas of Kolkata where access to primary healthcare is not easily available.

Cmde. Sanjeev Nayyar, IN (Retd), Director (Shipbuilding) of GRSE flagged off the “Health on Wheels” initiative from the Shipyard’s Main Unit. Under this initiative, a Mobile Unit travelled across to four areas of Kolkata. The unit was manned by two doctors, a compounder and an attendant encouraging people for undergoing health check up. The Mobile Unit provided free health checkups which included height, body weight (BMI), Blood Pressure and Sugar tests. Close to 142 people were provided the facility across four areas of Kolkata which included Kalighat, Tollygunge, Ultadanga and Duttabad areas.

The “Health on Wheels” initiative is part of GRSE’s on-going commitment to enhance the lives of the communities it operates in. The Shipyard had recently organized a ‘Swachhta Sarthi Bike Rally’ to create awareness about cleanliness and healthy lifestyle amongst people in Kolkata. GRSE has also partnered with Ramakrishna Mission, Belur Math to provide holistic development of under-privileged children in Ranchi. GRSE has a long association with Indian Institute of Cerebral Palsy (IICP) wherein it has been adopting Education Development Units and Vocational Training Units called Life Skill Training Units.

 

THE INDIAN EXPRESS, NEW DELHI
TUESDAY, NOVEMBER  26, 2019

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TUESDAY, NOVEMBER  26, 2019

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SATURDAY, NOVEMBER  23, 2019

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FRIDAY, NOVEMBER  22, 2019

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FRIDAY, NOVEMBER  22, 2019

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FRIDAY, NOVEMBER  22, 2019

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THURSDAY, NOVEMBER  21, 2019

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WEDNESDAY, NOVEMBER 20, 2019

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WEDNESDAY, NOVEMBER 20, 2019

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WEDNESDAY, NOVEMBER 20, 2019

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WEDNESDAY, NOVEMBER 20, 2019

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WEDNESDAY, NOVEMBER 20, 2019

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TUESDAY, NOVEMBER 19, 2019

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TUESDAY, NOVEMBER 19, 2019

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TUESDAY, NOVEMBER 19, 2019

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TUESDAY, NOVEMBER 19, 2019

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TUESDAY, NOVEMBER 19, 2019

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TUESDAY, NOVEMBER 19, 2019

PRESS RELEASE
GRSE conducts “Health on Wheels” to take free healthcare to the masses

Kolkata, Nov 28, 2019: Garden Reach Shipbuilders and Engineers Limited (GRSE) had taken the unique initiative of organizing a Mobile Health Camp to cater to the basic health care facilities in the community. The Camp also aimed to create awareness of healthcare and hygiene among households, which included students, youth, men and women in under-privileged areas of Kolkata where access to primary healthcare is not easily available.

Cmde. Sanjeev Nayyar, IN (Retd), Director (Shipbuilding) of GRSE flagged off the “Health on Wheels” initiative from the Shipyard’s Main Unit. Under this initiative, a Mobile Unit travelled across to four areas of Kolkata. The unit was manned by two doctors, a compounder and an attendant encouraging people for undergoing health check up. The Mobile Unit provided free health checkups which included height, body weight (BMI), Blood Pressure and Sugar tests. Close to 142 people were provided the facility across four areas of Kolkata which included Kalighat, Tollygunge, Ultadanga and Duttabad areas.

The “Health on Wheels” initiative is part of GRSE’s on-going commitment to enhance the lives of the communities it operates in. The Shipyard had recently organized a ‘Swachhta Sarthi Bike Rally’ to create awareness about cleanliness and healthy lifestyle amongst people in Kolkata. GRSE has also partnered with Ramakrishna Mission, Belur Math to provide holistic development of under-privileged children in Ranchi. GRSE has a long association with Indian Institute of Cerebral Palsy (IICP) wherein it has been adopting Education Development Units and Vocational Training Units called Life Skill Training Units.

 

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SATURDAY, NOVEMBER 16, 2019

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SATURDAY, NOVEMBER  16, 2019

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SATURDAY, NOVEMBER  16, 2019

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MONDAY, NOVEMBER 11, 2019

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SUNDAY, NOVEMBER 10, 2019

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SUNDAY, NOVEMBER 10, 2019

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SUNDAY, NOVEMBER 10, 2019

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SUNDAY, NOVEMBER 10, 2019

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SUNDAY, NOVEMBER 10, 2019

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SUNDAY, NOVEMBER 10, 2019

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SATURDAY, NOVEMBER 09, 2019

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SATURDAY, NOVEMBER 09, 2019

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SATURDAY, NOVEMBER 09, 2019

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SATURDAY, NOVEMBER 09, 2019

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SATURDAY, NOVEMBER 09, 2019

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SATURDAY, NOVEMBER 09, 2019

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SATURDAY, NOVEMBER 09, 2019

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FRIDAY, NOVEMBER  08, 2019

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FRIDAY, NOVEMBER  08, 2019

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FRIDAY, NOVEMBER  08, 2019

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FRIDAY, NOVEMBER 08, 2019

PRESS RELEASE
GRSE delivers 102nd Warship

Kolkata, 19 Nov 19: Garden Reach Shipbuilders and Engineers Ltd., (GRSE), a Miniratna Category 1 and a leading warship building company in the country under the administrative control of the Ministry of Defence achieved yet another milestone by delivering 102nd Warship ICGS Amrit Kaur, third in the series of five Fast Patrol Vessel (FPV) to the Indian Coast Guard, today. The delivery was done within a time gap of just 14 days from 05 Nov 19, when GRSE delivered its 101st Warship ICGS Annie Besant, second in the series to the Indian Coast Guard, which is a unique achievement in itself.

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, Commandant (JG) Himanshu Mishra, in the presence of Commandant AVW Rao, CGRPS (Kolkata) and Cmde. P R Hari, Director (Personnel) and other Senior Officials of GRSE and Indian Coast Guard.

The FPV is a medium range surface vessel with a length of 50 m, width of 7.5 m and displacement of around 308 T and is capable of operations 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 vessel is designed for a maximum speed of 34 knots with an endurance of more than 1500 nautical miles. She 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 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 Indian Coast Guard. The FPV designs which are exclusive to GRSE are an improvisation on the Inshore Patrol Vessels (IPVs) built by the Shipyard for the Indian Coast Guard, few years ago. 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 by Dept. of Scientific & Industrial Research (DSIR), Ministry of Science & Technology, Govt. of India.

GRSE currently has a strong order book position of around Rs 27, 400 crore under which there are a total of 22 warships at various stages of construction. The shipyard has been recently honored with the ICC PSE Excellence Award (2017-18) for “Operational Performance Excellence”, 16th National Award for “Excellence in Cost Management” in the category of Medium Public Sector Manufacturing Companies and Kolkata Best Employer Brand Awards 2019 in the category of “Award of Excellence in Training”. Presently, the company has six projects that are under way viz., five projects of the Indian Navy and one of the Indian Coast Guard. GRSE is aggressively pursuing the new request for proposals (RFP) that have been issued by MoD. GRSE has responded to the RFPs for two Pollution Control Vessels (PCVs) and eight Fast Patrol Vessels (FPVs) for Indian Coast Guard. GRSE is also preparing response to RFPs for construction of 12 Air-Cushion Vehicles (ACVs) for Indian Coast Guard & Indian Army and the major project for construction of six New Generation Missile Vessels (NGMVs) for Indian Navy.

GRSE continues to raise its bar higher in the sphere of maritime engineering excellence. Continuous research and innovation, excellent product quality, lean thinking and a strong corporate structure powered by an outstanding human capital, promises a great future for GRSE.

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SATURDAY, NOVEMBER 16, 2019

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PRESS RELEASE
GRSE Lays Keel of 1st Survey Vessel Large (Yard 3025)

Kolkata, 08 Nov 19: Garden Reach Shipbuilders and Engineers Ltd., (GRSE), Kolkata, in an impressive ceremony, at their Main Works, laid the keel of the 1st  Survey Vessel (Large) (Yard 3025). Shri. Jadav Sarkar, Structural Fitter (SK-II) of GRSE, performed the keel laying in the august presence of Vice Admiral Ajay Kumar Saxena, PVSM, AVSM, VSM, Controller of Warship Production & Acquisition. The occasion was graced by Rear Admiral VK Saxena, IN (Retd.), Chairman & Managing Director, GRSE, Cmde. P R Hari, Director (Personnel) and Cmde. Sanjeev Nayyar, IN (Retd), Director (Shipbuilding).

This first ship is part of the four Large Survey Vessels order won by GRSE in competitive bidding process in October 2018. The Contract for four Survey Vessel Large (SVL) was signed on 30 Oct 18 between Garden Reach Shipbuilders & Engineers Limited (GRSE) and Government of India, Ministry of Defence for an order value of Rs. 2435.15 crore. The 1st ship is to be delivered within 36 months from contract signing date with a project completion time of 54 months.

The vessels 110m long with deep displacement of 3300 Tons c.0an accommodate 231 personnel. The vessel shall have a cruising speed of 16 knots. GRSE’s denovo Hull Form Design imparts a superior level of operational efficiency to these vessels. The Hull form of these new generations Survey Vessel also meets the stringent seakeeping and manoeuvring requirements including Helicopter Operations at high sea states. 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 secondary role, they will be capable of performing limited search and rescue, limited ocean research and operate as hospital ship/ casualty holding ships.

The design of the ship by GRSE’s in-house Design Unit accorded Centre of Excellence Unit status by Department of Scientific & Industrial Research (DSIR), Ministry of Science & Technology will truly signify “Make In India” Initiative of the Govt. of India.

Vessels will be built as per Classification Society Rules and Naval Ship Regulations and will conform to latest MARPOL (Marine Pollution) Standards of the International Maritime Organization (IMO).

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PRESS RELEASE
GRSE delivers FPV, ICGS Annie Besant to Indian Coast Guard

Kolkata, 05 Nov 19:Garden Reach Shipbuilders and Engineers Ltd., (GRSE), a Miniratna Category 1 and a leading warship building company in the country under the administrative control of the Ministry of Defence delivered ICGS Annie Besant, second in the series of five Fast Patrol Vessel (FPV) to the Indian Coast Guard, today. 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, Commandant (JG) Sunny Deo, in the presence of DIG Sudhir Sahani, TM, Principal Director (Material), Cmde, P R Hari, Director (Personnel) and Cmde. Sanjeev Nayyar, IN (Retd), Director (Shipbuilding) and other Senior Officials of GRSE and Indian Coast Guard.

The FPV is a medium range surface vessel with a length of 50 m, width of 7.5 m and displacement of around 308 T and is capable of operations 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 vessel is designed for a maximum speed of 34 knots with an endurance of more than 1500 nautical miles. She 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 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 Indian Coast Guard. The FPV designs which are exclusive to GRSE are an improvisation on the Inshore Patrol Vessels (IPVs) built by the Shipyard for the Indian Coast Guard, few years ago. 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 by Dept. of Scientific & Industrial Research (DSIR), Ministry of Science & Technology, Govt. of India.

GRSE currently has a strong order book position of around Rs 27, 400 crore under which there are a total of 22 warships at various stages of construction. The shipyard has been recently honored with the ICC PSE Excellence Award (2017-18) for “Operational Performance Excellence” and 16th National Award for “Excellence in Cost Management” in the category of Medium Public Sector Manufacturing Companies. Presently, the company has six projects that are under way viz., five projects of the Indian Navy and one of the Indian Coast Guard. GRSE is aggressively pursuing the new request for proposals (RFP) that have been issued by MoD. GRSE has responded to the RFPs for two Pollution Control Vessels (PCVs) and eight Fast Patrol Vessels (FPVs) for Indian Coast Guard. GRSE is also preparing response to RFPs for construction of 12 Air-Cushion Vehicles (ACVs) for Indian Coast Guard & Indian Army and the major project for construction of six New Generation Missile Vessels (NGMVs) for Indian Navy.

GRSE continues to raise its bar higher in the sphere of maritime engineering excellence. Continuous research and innovation, excellent product quality, lean thinking and a strong corporate structure powered by an outstanding human capital, promises a great future for GRSE.

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TUESDAY, NOVEMBER  05, 2019

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TUESDAY, NOVEMBER  05, 2019

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