Press Releases 2019-20
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 years. GRSE 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
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PRESS RELEASE 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%
Q3 FY20: Revenue down by 24%, PAT down by 38% against same period of Previous Year
Q3 FY20: Revenue down by 24%, PAT down by 38% against same period of Previous Year
Q3 FY20 Vis-à-vis 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:
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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
AAJKAL, KOLKATA
SUNDAY, JANUARY 19,
2020
DAINIK JAGRAN, KOLKATA
SUNDAY, JANUARY 19,
2020
FINANCIAL EXPRESS, NEW DELHI
SUNDAY, JANUARY
19, 2020
PSU WATCH.COM
SATURDAY, JANUARY 18,
2020
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.
FINANCIAL EXPRESS, BANGALORE, HYDERABAD, CHENNAI
FRIDAY,
JANUARY 17, 2020
THE INDIAN EXPRESS, KOLKATA
FRIDAY, JANUARY
17, 2020
PRABHAT KHABAR, KOLKATA
FRIDAY, JANUARY 17,
2020
THE INDIAN EXPRESS, NEW DELHI
THURSDAY,
JANUARY 16, 2020
PRABHAT KHABAR, KOLKATA
WEDNESDAY, JANUARY 15,
2020
BUSINESS STANDARD, KOLKATA, NEW DELHI
TUESDAY,
JANUARY 14, 2020
MAIL TODAY, NEW DELHI
TUESDAY, JANUARY 14,
2020
THE PIONEER, NEW DELHI
TUESDAY, JANUARY 14,
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MONDAY, JANUARY 13,
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2020
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2020
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MONDAY, JANUARY 13,
2020
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MONDAY, JANUARY 13,
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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,
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MONDAY, JANUARY 13,
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SUNDAY, JANUARY 12,
2020
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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
BUSINESS STANDARD, KOLKATA
SUNDAY, JANUARY 12,
2020
EI SAMAY, KOLKATA
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
THE INDIAN EXPRESS, KOLKATA
SATURDAY, DECEMBER
28, 2019
THE NEW INDIAN EXPRESS, BANGALORE, HYDERABAD
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
WORLD NEWS MONITOR.COM
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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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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HYDERABAD
SUNDAY, DECEMBER 15, 2019
THE SUNDAY STANDARD, NEW DELHI
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’.
ECHO OF INDIA, KOLKATA
SATURDAY, DECEMBER 14,
2019
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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
DEFENCE AVIATION POST.COM
THURSDAY, DECEMBER
12, 2019
DEFENCE AVIATION POST.COM
THURSDAY, DECEMBER
12, 2019
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THURSDAY, DECEMBER 12,
2019
CURRENT AFFAIRS.GK TODAY.COM
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
AVIATION & DEFENCE UNIVERSE.COM
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
THE NEW INDIAN EXPRESS, BANGALORE
SUNDAY,
DECEMBER 08, 2019
THE TELEGRAPH, KOLKATA
SATURDAY, DECEMBER 07,
2019
THE INDIAN EXPRESS, NEW DELHI
FRIDAY, DECEMBER
06, 2019
BARTAMAN, KOLKATA
FRIDAY, DECEMBER 06,
2019
SUNMARG, KOLKATA
WEDNESDAY, DECEMBER 04,
2019
PRABHAT KHABAR, KOLKATA
WEDNESDAY, DECEMBER
04, 2019
AAJKAL, KOLKATA
WEDNESDAY, DECEMBER 04,
2019
BUSINESS STANDARD, KOLKATA
TUESDAY, DECEMBER
03, 2019
EI SAMAY, KOLKATA
TUESDAY, DECEMBER 03,
2019
PSU WATCH.COM
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
THE TELEGRAPH, KOLKATA
MONDAY, DECEMBER 02,
2019
FORCE MAGAZINE
DECEMBER 2019
PSU WATCH.COM
FRIDAY, NOVEMBER 29,
2019
THE TIMES OF INDIA, KOLKATA
FRIDAY, NOVEMBER
29, 2019
DAINIK JAGRAN, KOLKATA
FRIDAY, NOVEMBER 29,
2019
PRABHAT KHABAR, KOLKATA
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
FINANCIAL EXPRESS, NEW DELHI
TUESDAY,
NOVEMBER 26, 2019
THE TELEGRAPH, KOLKATA
SATURDAY, NOVEMBER 23,
2019
THE INDIAN EXPRESS, HYDERABAD
FRIDAY,
NOVEMBER 22, 2019
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FRIDAY,
NOVEMBER 22, 2019
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FRIDAY,
NOVEMBER 22, 2019
RAJYA SABHA
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
THE INDIAN EXPRESS, KOLKATA
TUESDAY, NOVEMBER
19, 2019
BUSINESS STANDARD.COM
TUESDAY, NOVEMBER 19,
2019
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TUESDAY, NOVEMBER 19,
2019
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TUESDAY, NOVEMBER 19,
2019
DEFENCE AVIATION POST.COM
TUESDAY, NOVEMBER
19, 2019
NEWS YAHOO.COM
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.
VYAPAR, MUMBAI
SATURDAY, NOVEMBER 16,
2019
THE INDIAN EXPRESS, NEW DELHI
SATURDAY,
NOVEMBER 16, 2019
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SATURDAY, NOVEMBER 16,
2019
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TUESDAY, NOVEMBER 12,
2019
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TUESDAY, NOVEMBER 12,
2019
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MONDAY, NOVEMBER 11,
2019
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MONDAY, NOVEMBER 11, 2019
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MONDAY, NOVEMBER 11,
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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2019
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2019
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SATURDAY, NOVEMBER 09,
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SATURDAY, NOVEMBER 09,
2019
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SATURDAY, NOVEMBER 09,
2019
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SATURDAY, NOVEMBER 09,
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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
THE INDIAN EXPRESS, KOLKATA
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.
VYAPAR, MUMBAI
SATURDAY, NOVEMBER 16,
2019
THE INDIAN EXPRESS, NEW DELHI
SATURDAY,
NOVEMBER 16, 2019
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SATURDAY, NOVEMBER 16,
2019
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FRIDAY, NOVEMBER
08, 2019
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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06, 2019
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TUESDAY, NOVEMBER 05,
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TUESDAY, NOVEMBER 05,
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TUESDAY, NOVEMBER 05, 2019
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TUESDAY, NOVEMBER 05,
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TUESDAY, NOVEMBER 05,
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TUESDAY, NOVEMBER 05,
2019
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TUESDAY, NOVEMBER 05,
2019
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.
THE INDIAN EXPRESS, KOLKATA
TUESDAY, NOVEMBER
05, 2019
THE INDIAN EXPRESS, KOLKATA
TUESDAY, NOVEMBER
05, 2019
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MONDAY,
NOVEMBER 04, 2019
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WEDNESDAY, OCTOBER 31,
2019
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THURSDAY, OCTOBER
31, 2019
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PRESS RELEASE Kolkata, 31st October 2019: Garden Reach Shipbuilders & Engineers Limited (GRSE), one of the leading warship builders in the country have announced its Financial Results for the Quarter and Half Year ended September 30, 2019. Q2 FY20: Revenue up by 102%, PAT up by 362% against same period of Previous Year
Q2 FY20 Vis-à-vis Q2 FY19:
HY FY20: Revenue up by 49%, PAT up by 309%
HY FY20 Financial Performance Highlights
Q2FY20over Q1 FY20 Financial Performance Highlights
GRSE’s improved performance can be attributed to the further progress of the P-17 Alpha Project in line with the stipulated delivery guidelines in this quarter. The contributing factor included further streamlining of treasury management which resulted in higher collections from stage payments. This quarter also saw GRSE’s Engine Division getting revenues for overhauling of engines for two naval ships. The increase in “other income” is attributed to settlement of an old case with Central Coalfields Ltd. Ranchi. Furthermore the company benefitted from lower tax expenses due to lower tax rate of 25.17% resulting in further enhancing the profits and margins. The order book position of the company as on September 30, 2019 was around Rs 27, 400 crore. Under this there are a total of 22 warships under construction. GRSE will deliver seven ships against three projects in this financial year. GRSE has at this point of time 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 MoD. GRSE has responded to the RFPs for two in number Pollution Control Vessels (PCVs) and eight Fast Patrol Vessels (FPVs) for Indian Coast Guard. GRSE is also building 05 FPVs for Indian Coast Guard of which first ship is delivered and second is being delivered in Nov 19. 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. 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:
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PRESS RELEASE
GRSE Runs for National Unity
Garden Reach Shipbuilders & Engineers Ltd (GRSE), celebrated the ‘Rashtriya Ekta Diwas’ (National Unity Day) on 31 Oct 19 to commemorate the 144th Birth Anniversary of Sardar Vallabhbhai Patel in all their units in Kolkata to spread awareness about Sardar Patel’s contribution to the building of a modern and United India.
The ‘Run for Unity’ was flagged off by CMD, GRSE from the 61 Park Unit of the Shipyard. Around 200 Employees & Trade Apprentices participated in the Event with a lot of enthusiasm. 35 Central Industrial Security Force (CISF) Personnel participated in the “March Past” which was flagged of by Director (Shipbuilding), Cmde S Nayyar, IN (Retd.) & Director (Personnel) Cmde PR Hari, IN(Retd.) from Main to FOJ Unit of GRSE.
“Nukkad Natak” on the Theme “Rashtriya Ekta”, was performed by 05 employees at 61 Park Unit of GRSE in the presence of Shri S.S.Dogra, Director(Finance), Cmde Sanjeev Nayyar, IN(Retd.), Director(Shipbuilding), Cmde P.R.Hari, IN(Retd.), Director(Personnel), Senior Officials & Employees of the Company.
“Unity Pledge” was administered by Rear Admiral V.K.Saxena, IN (Retd.), Chairman & Managing Director, GRSE to the employees at the premises of the FOJ Unit of the Shipyard. CMD GRSE reiterated the need for reminiscing and living up to the ideals of Sardar Vallabhbhai Patel & practising his ideologies of Unity in our day to day lives at work, home and in society. Shri S.S.Dogra, Director(Finance), Cmde Sanjeev Nayyar, IN(Retd.), Director(Shipbuilding), Cmde P.R.Hari, IN(Retd.), Director(Personnel), Cmdt Manish Singh, CISF, Senior Officials & Employees of the Company were present on the occasion. During the day, an “Essay Writing Competition” on the theme “United We Stand, Divided We Fall” and “Quiz Competition” on “National Unity” was also organised at the Main Unit of GRSE and prizes were distributed to the winners at the close of the event in the Company’s FOJ Unit bringing the event to a grand close.
THE ASIAN AGE, KOLKATA
THURSDAY, OCTOBER 31,
2019
PSU WATCH.COM
WEDNESDAY, OCTOBER 30,
2019
FINANCIAL EXPRESS, NEW DELHI
WEDNESDAY,
OCTOBER 30, 2019
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WEDNESDAY,
OCTOBER 30, 2019
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WEDNESDAY, OCTOBER 30,
2019
SANMARG, KOLKATA
WEDNESDAY, OCTOBER 30,
2019
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SUNDAY, OCTOBER 27,
2019
AAKAL, KOLKATA
SUNDAY, OCTOBER 27,
2019
SAMBAD TODAY.COM
SATURDAY, OCTOBER 26,
2019
THE NEW INDIAN EXPRESS, BANGALORE
FRIDAY,
OCTOBER 25, 2019
PRESS RELEASE
GRSE bags 16th National Award
for Excellence in Cost Management
Garden Reach Shipbuilders and Engineers Ltd. (GRSE) received the second positive award at 16th National Award for “Excellence in Cost Management” on 25 Oct 19 in the category of Medium Public Sector Manufacturing Companies. Shri. S.S Dogra, Director (Finance) along with Shri. Somnath Sarkar, DGM (Finance) received the award on behalf of GRSE.
Shri. Anurag Singh Thakur, Hon’ble Minister of State for Finance and Corporate Affairs graced the occasion as Chief Guest. Shri. Subhash Chandra Garg, IAS, Secretary to Government of India was the Guest of Honour at the event.
These awards are instituted by The Institute of Cost Accountant, Kolkata and are given in recognition of excellent work done by different companies both in public sector and private sector.
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TUESDAY, OCTOBER 22,
2019
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TUESDAY, OCTOBER 22,
2019
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TUESDAY, OCTOBER 22,
2019
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TUESDAY, OCTOBER 22,
2019
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TUESDAY, OCTOBER 22,
2019
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MONDAY, OCTOBER 21,
2019
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MONDAY, OCTOBER 21,
2019
PRESS RELEASE
Cmde P R Hari, IN (Retd.)
assumes charge as GRSE’s Director (Personnel)
Cmde P R Hari, IN (Retd.) took charge as Director (Personnel) of Garden Reach Ship Builders & Engineers Ltd.(GRSE) on 21 Oct 19.
He joined GRSE in the year 2016 and held the position of Chief General Manager (Production Planning & Control) prior to his appointment as Director (Personnel).
He has over three decades of experience spanning 28 years of commissioned service in the Indian Navy with varied experience onboard warships, Naval repair organisations and various Staff appointments. He holds a Bachelor’s Degree in Engineering and a Master’s Degree in Defence and Strategic Studies. He is also an alumnus of the Defence Services Staff College and the Naval War College.
FINANCIAL EXPRESS, KOLKATA
TUESDAY, OCTOBER
15, 2019
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SATURDAY, OCTOBER
05, 2019
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FRIDAY, OCTOBER 04,
2019
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2019
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2019
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DAILY WORLD.IN
WEDNESDAY, OCTOBER 02,
2019
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WEDNESDAY, OCTOBER 02,
2019
PRESS RELEASE
GRSE Swachhta Sarthi Bike Rally
& Swachhta Hi Seva campaign
Garden Reach Shipbuilders & Engineers Ltd. (GRSE) commemorated the 150th birth anniversary of Mahatma Gandhi by organising a ‘Swachhta Sarthi Bike Rally’ as part of the Swachh Bharat Abhiyan. for creating awareness on “Clean Living”. The bike rally which saw enthusiastic participation from GRSE employees started from GRSE Main Unit at Metiabruz.
Around 170 participants on 90 bikes participated in the rally. The rally was flagged off from Main Unit by Rear Admiral VK Saxena, IN (Retd.), Chairman and Managing Director, GRSE in august presence of Shri S.S. Dogra, Director (Finance), Cmde Sanjeev Nayyar, IN (Retd.), Director (Shipbuilding) and other senior officials and employees of GRSE at 0830 hrs on 02 Oct 19.
The rally terminated at Victoria Memorial after covering around 08 kms of the city of Kolkata. Various activities such as a Short Drama & ‘Nukkad Nataks’ were performed inside the GRSE Main Unit and locations like Ramnagar, Cigarette Kal in front of ITC Factory, Khidderpore and at Hastings. Distribution of Leaflets, Cleanliness Drive etc. were undertaken during the rally to spread awareness amongst the citizens of Kolkata.
In his address to the participants of the bike rally, the Chairman & Managing Director of Garden Reach Shipbuilders & Engineers Ltd. (GRSE), Rear Admiral VK Saxena, IN (Retd), stated that the CSR interventions of GRSE under the ‘Swachh Bharat Abhiyan’ have become an effective medium to improve the quality of life of a large number of underprivileged citizens in the vicinity of our production units. C&MD expressed his appreciation on the active participation of the employees in the Swachh Bharat Abhiyan through Bike Rally and stated that through the “Nukkad Nataks” organised by employees and various other initiatives, GRSE will be able to create a difference in people’s thought process and bring about a change. He urged one and all to extend wholehearted support to the government’s initiative of banning ‘Single Use’ plastic and oust plastic from one’s day to day life which will improve our environment and save the planet.
As a part of ‘Swachhta Hi Seva’ campaign, a special drive was conducted at GRSE from 11 Sep to 02 Oct 19. The theme was “Replacement of Single Use Plastics by Sustainable Alternatives & Proper Disposal of Plastic Waste” and calls upon Government, Industries, Communities and Individuals to come together and explore sustainable alternatives. The special drive of ‘Swachhta Hi Seva’ campaign for 2019 commenced in GRSE with the administration of “Swachhta Shapath” by HoDs of all departments to the employees on 11 Sep 19. Maintenance of 84 toilets blocks has been started in 07 local schools in association with Sulabh International ensuring that the facilities created by GRSE are properly maintained and guaranteeing that students have access to clean and hygienic toilets. 04 toilets constructed by GRSE in a local school were inaugurated on 26 Sep 19 including a toilet for differently abled children. Swachhta Quiz competition was also organized among school children on 24 Sep 19 and prizes distributed to the winners. School students were sensitized on 21 Sep 19 about the plastic waste management and encouraged to not use single-use plastic. In a significant move towards fulfilling Hon’ble Prime Minister’s commitment towards providing hygienic sanitation facilities, GRSE has constructed toilets units, hand washing facility, provided colour coded waste bins, installed incinerators and other ancillary support structures/items to the govt. schools located in the vicinity of the Production Units of GRSE. Under the broader guidelines, GRSE has adopted a holistic approach by implementing multiple interventions for improvement in the overall sanitation and hygiene conditions of the local schools and local area as well.
Scrap material in different units were disposed of and other salvageable material were stored in an organized manner on 13 Sep 19. Fumigation was carried out in different areas of GRSE to prevent breeding of mosquitoes and other vector borne diseases on 14 Sep 19. Policy for discontinuing use of ‘Single-use Plastic’ items such as plastic bags, cups, plates, small bottles, straws etc. was issued to all employees of GRSE on 17 Sep 19. An awareness workshop on Plastic Waste Management was organized at Main Unit on 27 Sep 19 for employees who were sensitized about the ways to reduce consumption of Single Use Plastics and encouraging use of alternate bio-degradable materials.
AAJKAL, KOLKATA
TUESDAY, OCTOBER 01,
2019
OCEANIX
SEPTEMBER 2019
THE TIMES OF INDIA, KOLKATA
MONDAY, SEPTEMBER
30, 2019
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FRIDAY, SEPTEMBER
27, 2019
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FRIDAY, SEPTEMBER
27, 2019
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FRIDAY, SEPTEMBER
27, 2019
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FRIDAY, SEPTEMBER 27,
2019
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2019
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FRIDAY,
SEPTEMBER 27, 2019
PRESS RELEASE
Final Inspection of Lake
Town-Salt Lake Portable Steel Bridge by GRSE
officials
The Chairman & Managing Director of Garden Reach Shipbuilders & Engineers Ltd. (GRSE), Rear Admiral V.K. Saxena, IN (Retd.), visited the under construction Lake Town- Salt Lake Portable Steel Bridge today for final inspection before handing it over to the concerned authorities shortly. Also present with him was Director (Finance), GRSE Shri SS Dogra and other senior officials of GRSE.
The Chairman & Managing Director, GRSE said, “Considering the importance of state govt. requirements, GRSE maintains ex-stock of bridge material for such emergency/ disaster relief operations. We are thrilled to be completing the installation of this bridge in a short span of around 12 days from handing over of the site to us by KMDA. We are looking forward to making many more contributions for the Govt. and the people of Kolkata and West Bengal at large.”
GRSE has been a pioneer manufacturer of Portable Steel Bridges in India primarily catering to disaster management & connecting far flung areas with over 60 % market share and having delivered over 5100 bridges to Indian Army, Border Roads Organisation and exports to friendly neighbourhood countries like Bhutan, Myanmar, Sri Lanka & Nepal. It was a proud moment for GRSE last year, having been able to erect the Bridge in Kolkata as an alternate route to Majerhat Bridge traffic in a record time of six days, when traffic came to halt just at the onset of Durga Puja, with the Majerhat Bridge coming crashing down.
GRSE has once again been able to cater & aid, in creating the new infrastructure connecting Lake Town – Salt Lake, at the onset of Durga Puja this year to relieve the traffic congestion due to closure of the Chinrighata-bound flank of Ultadanga flyover and took it on priority to supply the bridge.
GRSE started the transportation of material and the experienced team of Design Engineers were on site from 14 Sep 19. Preparation of Bearing Layout & Launching Nose for erection of the Bridge started from 17 Sep 19. Construction of the first 140ft Bridge including adequate 80 ft nose was completed and was ready for pushing by late evening of 23 Sep 19. The Second abutment for landing side was casted on 16 Sep19, late in the evening. Pushing of the bridge towards landing side started on 23 Sep19 late in the evening.
EDC for completion of the bridge is 28 Sep 19, which shall mark completion within a record 12 days since KMDA’s handing over of the site to GRSE on 17 Sep 19.
THE TIMES OF INDIA, KOLKATA
TUESDAY, SEPTEMBER
24, 2019
SANMARG, KOLKATA
TUESDAY, SEPTEMBER 24,
2019
THE PIONEER, NEW DELHI
MONDAY, SEPTEMBER 23,
2019
EI SAMAY, KOLKATA
MONDAY, SEPTEMBER 23,
2019
ECHO OF INDIA, KOLKATA
SUNDAY, SEPTEMBER 22,
2019
HINDUSTAN TIMES, KOLKATA
SATURDAY, SEPTEMBER
21, 2019
PRABHAT KHABAR, KOLKATA
SATURDAY, SEPTEMBER
21, 2019
PSU WATCH.COM
SATURDAY, SEPTEMBER 21,
2019
PRESS RELEASE
Highlights of the
103rd Annual General Meeting of GRSE
The 103rd Annual General Meeting (AGM) of Garden Reach Shipbuilders & Engineers Limited (GRSE) was held on Friday 20 Sep 19 at 1030 Hrs. at Bhasha Bhawan of National Library, Kolkata.
Commenting on the outcome of the Annual General Meeting, Rear Admiral V K Saxena, IN(Retd.), Chairman and Managing Director, Garden Reach Shipbuilders and Engineers Ltd., stated that this AGM had a very special significance as it was GRSE’s first AGM after the successful IPO of the Company, wherein the Government of India disinvested 25.50% of its shareholding in the Company. The Public Issue was well received and the shares of the Company are now listed at NSE and BSE. The CMD took the opportunity to extend his gratitude to all the investors for the confidence they reposed in the Company, which was further reflected by the increased market capitalization post listing of its shares.
The core objective of GRSE has been the strengthening of India’s defence preparedness. GRSE is the only shipyard in the country to have delivered 100 warships since its inception as a Defence Public Sector Undertaking (DPSU) in 1960. It further boasts of a dedicated engineering division engaged in the manufacture of bailey bridges, apart from a variety of deck machinery equipment which goes primarily on-board ships. The Company also has a separate Diesel Engine Plant at Ranchi, for assembly, testing and overhaul of diesel engines. All these contribute to reinforcing GRSE’s reputation as a major force behind making India self-reliant in warship building and engineering production. As India’s shipbuilding industry further matures, it also spells enormous potential to forge strategic partnerships with friendly foreign countries. This will eventually make India a preferred hub for defence shipbuilding exports and repairs. GRSE is well-positioned to take advantage of these emerging opportunities within India as well as abroad.
The performance of GRSE, backed by its excellent order book position, continued to be strong during the year 2018-19.
- Gross Revenue registered a growth of 1.88% from Rs.1,528.89 crore in 2017-18 to Rs. 1,557.66 crore in 2018-19.
- Value of Production increased from Rs.1,345.52 crore in 2017-18 to Rs.1,378.77 crore in 2018-19, a boost of 2.47%.
- Profit Before Tax (PBT) increased from Rs.127.74 crore in 2017-18 to Rs.178.96 crore in 2018-19, a hike of 40.09%.
- Value Addition per Employee increased from Rs.18.94 lakh in 2017-18 to Rs. 21.05 lakh in 2018-19.
- Book Value per Share increased from Rs. 89.18 in 2017-18 to Rs. 90.64 in 2018-19.
- Net Worth increased from Rs.1,021.53 crore in 2017-18 to Rs.1038.30 crore in 2018-19, an increase of 1.64%.
The Board of Directors of the Company have recommended a final dividend of Rs. 5.10/- per equity share of face value of Rs. 10/- each for the financial year 2018-19. This is in addition to the interim dividend of Rs. 1.85/- per equity share of face value of Rs. 10/- each which was paid on 28 Mar 19. This marks an increase in dividend per share from Rs. 4.43 in 2017-18 to Rs. 6.95 in 2018-19. The order book position of the Company as on 01 Jul 19 stood at Rs. 27,804 Cr. GRSE signed a contract worth Rs. 6311 Cr for eight nos. Anti-Submarine Warfare Shallow Water Craft (ASWSWC) with the Indian Navy on 29 Apr 19.
The Chairman & Managing Director, Rear Admiral V K Saxena, IN(Retd.) said in conclusion that he would like to thank the Ministry of Defence, Central and State Government Authorities and Indian Navy & Indian Coast Guard Authorities for their unstinted support and valuable guidance extended to GRSE. He also expressed the wish to take the opportunity to convey his gratitude to all the esteemed shareholders of GRSE for the continued trust and confidence they have reposed in the Company. Last, but not the least, the CMD appreciated the dedication and hard work put in by all the employees of GRSE to achieve the goals of the Company and the Board of Directors who have supported and guided the Company to put it on a path of accelerated growth.
THE NEW INDIAN EXPRESS, HYDERABAD, CHENNAI
FRIDAY,
SEPTEMBER 20, 2019
PSU WATCH.COM
THURSDAY, SEPTEMBER 19,
2019
THE TIMES OF INDIA, KOLKATA
THURSDAY,
SEPTEMBER 19, 2019
THE FINANCIAL EXPRESS, NEW DELHI
THURSDAY,
SEPTEMBER 19, 2019
THE PIONEER, NEW DELHI
WEDNESDAY, SEPTEMBER
18, 2019
THE STATEMAN, KOLKATA
WEDNESDAY, SEPTEMBER 18,
2019
THE ASIAN AGE, KOLKATA
WEDNESDAY, SEPTEMBER
18, 2019
PRABHAT KHABAR, KOLKATA
WEDNESDAY, SEPTEMBER
18, 2019
AAJKAL, KOLKATA
WEDNESDAY, SEPTEMBER 18,
2019
PRESS RELEASE
GRSE READIES DOUBLE-LANE
PORTABLE STEEL BRIDGE IN RECORD TIME
Kolkata-based Garden Reach Shipbuilders &
Engineers Limited (GRSE Ltd.), a premier establishment
for building warships and carrying out engineering
fabrications in the country, has come out with yet
another stellar achievement. The Research and
Development team of GRSE has turned the construction
of a bailey type double-lane portable steel bridge
into a reality, that too in a record time. GRSE Design
Team’s R&D ventures have always paved the way to
ease heavy traffic congestions and establish links
between roads/ highways through playing a vital role
in strategic surface transport networks.
It
started with the immediate market requirement of a
two-lane quick-launch bridge to supplement the
existing single-lane bailey bridge. Taking up the
challenge, the Engineering Design team at GRSE
embarked on the process of design, fabrication and
erection of the bridge on a war footing. The
construction of the bridge was carried out inside the
Company’s premises near Belur station, in Kolkata.
Scientists from the Structural Engineering Research
Centre (SERC), CSIR have validated the bridge through
live load tested for double Class-A vehicle loading as
per latest Indian standard, viz., Indian Road Congress
(IRC-6).
Construction of Launching Abutment
for the bridge was completed and the bridge, the first
of its kind in India, was launched on 30 Aug 2019.
The pre-fabricated bridge has a span of 42.67m without
intermediate pier and a width of 7.5m. It can support
two-way traffic comprising heavy vehicles with a total
load of about 110MT.With a modular design facilitating
easy assembly, these bridges can be erected quickly
even in the most demanding of terrains and conditions.
These are ideal for remote areas as onsite
installation infrastructure is not required. Usually
the foundation takes about 28 days for the reinforced
concrete pedestal to gather maximum strength,
following which the bridge structure can be properly
placed and fixed on it. Considering these aspects, the
bridge is expected to be thrown open to traffic in
about 30-45 days from the day of commencement of
foundation work.
With the launch of the new
Bailey bridge, GRSE has reinforced its position as the
largest manufacturer of bailey type portable steel
bridges in India. The pioneer has around 70% market
share and has delivered over 5100 bridges till date in
the 40 years since it started bridge fabrication.
EURO-DS.COM
FRIDAY, SEPTEMBER 13, 2019
BARTAMAN, KOLKATA
MONDAY, SEPTEMBER 09,
2019
THE INDIAN EXPRESS, KOLKATA
FRIDAY, SEPTEMBER
06, 2019
SUNDAY STANDARD, NEW DELHI
SUNDAY, SEPTEMBER
01, 2019
THE ASIAN AGE, KOLKATA
SUNDAY,SEPTEMBER 01,
2019
THE NEW INDIAN EXPRESS, HYDERABAD
SUNDAY,SEPTEMBER
01, 2019
THE SUNDAY STANDARD, NEW DELHI
SUNDAY,SEPTEMBER
01, 2019
SAINIK SAMACHAR
AUGUST 2019
PRABHAT KHABAR, KOLKATA
SATURDAY,AUGUST 31,
2019
DAINIK JAGARAN, KOLKATA
FRIDAY,AUGUST 30,
2019
THE ECHO OF INDIA, KOLKATA
FRIDAY,AUGUST 30,
2019
MORNING INDIA, KOLKATA
FRIDAY,AUGUST 30,
2019
AAJKAL, KOLKATA
THURSDAY,AUGUST 29,
2019
PRESS RELEASE
GRSE bags ICC PSE Excellence
Award (2017-18)
Garden Reach Shipbuilders & Engineers Ltd. (GRSE) has been conferred with the ICC PSE Excellence Award (2017-18) for “Operational Performance Excellence”. Dr. Bhaskar Chaterjee, Former Secretary, DPE, Government of India presented the award to Rear Admiral V.K.Saxena, IN(Retd.), Chairman & Managing Director, GRSE at the function held at New Delhi on 29 Aug 19. Rear Admiral V.K.Saxena, IN(Retd.), CMD, GRSE was also felicitated by Dr. Ajay Dua, Former Secretary, Ministry of Commerce & Industry, Government of India at this award ceremony.
PSU WATCH.COM
WEDNESDAY, AUGUST 28,
2019
PRABHAT KHABAR, KOLKATA
WEDNESDAY, AUGUST
28, 2019
PRESS RELEASE
GRSE signs MoU with Ramakrishna
Mission, Belur Math
Garden Reach Shipbuilders & Engineers Ltd. (GRSE) has signed the Memorandum of Understanding (MoU) with Ramakrishna Mission, Belur Math on 27 Aug 19 to support five Gadadhar Abhyudaya Prakalpa (GAP) Units in and around Ranchi District in the state of Jharkhand for the next three years.
The GAP is a project for holistic development of poor children initiated by Belur Math. It is a composite programme having different activities for physical, mental and intellectual development of thousands of underprivileged children.
GRSE which has a Diesel Engine Plant in Ranchi has made this commitment in line with its stated and well defined value system of being dedicated to Community Involvement. Under this value system, GRSE plans to continue being an active participant in improving the quality of life for the communities in which it operates, or society as a whole.
GRSE is focused on giving back and making a difference in the communities where it operates as a business. The company strongly believes that its business is only as strong and sustainable as the communities it serves. GRSE is focused on enhancing the communities where we live and work through education and youth development. Its goal today as well as in the future will be to improve the quality of life in the communities in which it operates.
Rear Admiral V.K. Saxena, IN (Retd.), Chairman & Managing Director, GRSE along with Shri S.S. Dogra, Director (Finance), Shri A.K. Nanda, Director (Personnel), Cmde. Sanjeev Nayyar, IN (Retd.), Director (Shipbuilding) and other senior officials of GRSE graced the occasion. The MoU was signed by Sri A.K. Mahapatro, GM (HR&A), GRSE and Swami BodhasaranandaJi Maharaj, the Assistant General Secretary of Ramakrishna Math and Ramakrishna Mission.
This collaboration aims to provide physical, mental and educational development to approx. 250 underprivileged children residing in slums, streets, interior villages etc. in and around Ranchi.
THE INDIAN EXPRESS, KOLKATA
FRIDAY, AUGUST 23,
2019
THE NEW INDIAN EXPRESS, HYDERABAD
TUESDAY,
AUGUST 20, 2019
DAINIK JAGRAN, KOLKATA
MONDAY, AUGUST 19,
2019
PRABHAT KHABAR, KOLKATA
MONDAY, AUGUST 19,
2019
THE STATESMAN, KOLKATA
MONDAY, AUGUST 19,
2019
PSU WATCH.COM
FRIDAY, AUGUST 16, 2019
PRESS RELEASE
Garden Reach Shipbuilders and Engineers Limited
observes Independence Day
Garden Reach Shipbuilders and Engineers Limited (GRSE) observed the 73rd Independence Day at their Main Unit with patriotic zealand synchronized singing of National Anthem. Rear Admiral VK Saxena, IN(Retd), Chairman & Managing Directorunfurled the National Flag in presence of Shri. S S Dogra, Director (Finance), Shri. AK Nanda, Director (Personnel), other senior officials, employees of GRSE and representatives of Indian Navy and Indian Coast Guard.The Central Industrial Security Force (CISF) contingent posted at GRSE presented the Guard of Honour, followed by an impressive Ceremonial Drill and Martial Arts display.
Addressing the gathering, Rear Admiral VK Saxena, IN(Retd), Chairman & Managing Director, GRSE highlighted the stellar and consistent performance of GRSE in the past years and its contribution to the development of our country. He lauded the workforce of GRSE for the whole hearted efforts towards achieving increased productivity and high quality of work enabling GRSE to deliver 08 ships in 25 months to the Indian Navy and Indian Coast Guard. The delivery of 100th warship in March 2019 makes GRSE the only shipyard in the country to deliver “100 warships”.
The C&MD stressed upon the need for all to act as responsible citizens and to dedicate themselves for continued improvement in the Shipyard and the country as a whole.
THE FINANCIAL EXPRESS, CHENNAI
THURSDAY,
AUGUST 15, 2019
THE INDIAN EXPRESS, KOLKATA
THURSDAY, AUGUST
15, 2019
INTERNATIONAL NEWS & VIEWS.COM
TUESDAY,
AUGUST 13, 2019
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MONDAY, AUGUST 12,
2019
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AUGUST 12, 2019
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SUNDAY, AUGUST 11, 2019
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SUNDAY, AUGUST 11,
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2019
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SUNDAY, AUGUST 11,
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SUNDAY, AUGUST 11,
2019
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SATURDAY, AUGUST 10,
2019
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SATURDAY, AUGUST 10,
2019
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AHMEDABAD,HYDERABAD
SATURDAY, AUGUST 10,
2019
PRABHAT KHABAR, KOLKATA, RANCHI
SATURDAY,
AUGUST 10, 2019
PRESS RELEASE
GRSE launches its 5th Fast
Patrol Vessel for Indian Coast Guard
Kolkata, 10 August 2019: Miniratna Category 1 Defence PSU and premier warship builder Garden Reach Shipbuilders and Engineers (GRSE) Ltd. launched the Fifth Fast Patrol Vessel (FPV) (Yard no.2117) today for the Indian Coast Guard at Raja Bagan Dockyard Unit of GRSE, Kolkata. This ship, to be commissioned as ICGS Kanaklata Barua, is the last in the series of Five FPVs built by GRSE. Upholding the best of maritime traditions, the shipwas “Launched” by Smt. Veena Ajay Kumar, wife of Dr. Ajay Kumar, IAS, Secretary Defence (Production) who was present at the occasion as the Chief Guest. The ceremony was held in the august presence of Rear Admiral VK Saxena, IN(Retd.), Chairman and Managing Director, GRSE, Inspector General Rajan Bargotra, PTM,TM, Commander Coast Guard Region (North East) and other Senior Officials of GRSE, and Indian Coast Guard.
This ship is 50M long, 7.5M wide and has a displacement of around 308 Tons. These FPVs are designed for a maximum speed of 34 knots with an endurance of more than 1500 nautical miles.These vessels come with an efficient hull form developed in-house and proven after extensive model testing. These FPV designs which are exclusive to GRSE are an improvisation on the Inshore Patrol Vessels (IPV) built by GRSE for the Indian Coast Guard in 2013. These fuel- efficient and powerful platforms are well suited for patrolling, anti-smuggling, anti-poaching, and rescue operations. They come fitted with state-of-the-art Main Engines with Advanced Control Systems and Water Jet Units and an ‘Integrated Bridge System’ assimilating all Communication and Navigation Systems. The key armament of a 40/60 Gun and improved habitability features with fully air-conditioned modular accommodation for 35 personnel are the other salient features of these ships. Today’s launch with a noteworthy progress of 56% signifies the accomplishment of a key milestone for the ship. The company is geared up for the post-launch activities which include balance fitting out of the ship, readiness of ship systems and setting to work of equipment/ systems. Thereafter, the ship would be put to sea for trials before final delivery.
In a period of over five decades since inception in 1960, GRSE has successfully developed an array of world-class platforms including Frigates, Missile Corvettes, Anti-Submarine Warfare Corvettes and Landing Craft Utility Ships for the Indian Navy, all of them armed with high-tech infrastructure. GRSE is the only shipyard in the country to have delivered 100 Warships. Today, GRSE is well-positioned to construct large warships harnessing advanced modular shipbuilding technology which is 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 diversified into the engineering business and builds ‘bailey type bridges’, ‘deck machinery for ships’ and ‘diesel engines for marine applications’.
GRSE currently has a strong order book of over Rs.27,500 Crores equipping the shipyard with a deep pool of revenue-generating projects. GRSE was recently recognized as one of the “Next Fortune 500 Companies of India” at an Event Celebrating “India’s Largest Midsize Companies and Value Creators”.
Team 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 remain the hallmark of GRSE’s operations. The shipbuilder has set sail towards a growth trajectory in line with its vision to be a world leader in shipbuilding and the launching of the last Fast Patrol Vessel in the series propels it further towards that goal.
DAINIK JAGRAN, KOLKATA
FRIDAY,AUGUST 09,
2019
THE ASIAN AGE, KOLKATA
THURSDAY,AUGUST 08,
2019
THE PIONEER, NEW DELHI
THURSDAY,AUGUST 08,
2019
PRABHAT KHABAR, KOLKATA
THURSDAY,AUGUST 08,
2019
AAJ KAL, KOLKATA
THURSDAY,AUGUST 08,
2019
PRESS RELEASE
Garden Reach Shipbuilders and
Engineers Limited announces Q1 of FY20 results
|
FY20 (Q1) q-o-q Growth over FY19 (Q1) GRSE registers a Turnover of Rs 168 Cr. in 1st Quarter. EBITDA up 72% from Rs.25 Cr. to Rs.43 Cr. PBT up 107% from Rs.17 Cr. to Rs. 36 Cr. PAT up 224%.fromRs.8 Cr. to Rs. 25 Cr. |
Kolkata, Aug 09, 2019: Garden Reach Shipbuilders & Engineers Limited (GRSE), one of the leading warship builders in the country have announced its financial results for the quarter ended June 30, 2019 today.
Q1 FY20 Financial performance highlights
- Revenue from operations at Rs. 167.95Previousquarter of Rs.190.91Cr.
- EBITDA of Rs. 43.33 Cr. Previous Quarter Rs.24.78 Cr.; q-o-q growth of (72)%
- PBT stood at Rs36.24 Cr.Previous Quarter Rs.17.50 Cr.; q-o-q growth of (107)%
- PAT stood at Rs.25.28 Cr.Previous Quarter Rs.7.81 Cr.; q-o-q growth of (224)%
- EPS for Q1 FY20 stood at Rs. 2.21, as compared to Rs. 0.68for Q1FY19
Q1 FY20 Compared with Q1 FY19:
Revenue from operations for the quarter ended June 30, 2019 stood at Rs.167.96Cr., as compared to Rs.190.91Cr. in the same period last year.Reduction is mainly due to lower Spares Sale.
- EBITDA (Margin) is 19.8% in current quarter against 10.6% in the corresponding quarter of last year. Thus, registering an increase of 9.2%.
- Profit Before Tax stood at Rs.36.24 Cr. in current quarter against Rs.17.50 Cr. in the corresponding quarter of last year. Increase is 107% mainly due to recording of higher revenues from P-17A Project and increase in Other Income
- Profit AfterTax (Margin) is 11.50% in current quarter against 3.35% in the corresponding quarter of last year. Thus, registered an increase of 8.15%.
- Profit AfterTax stood at Rs.25.28 Cr. in current quarter against Rs7.81 Cr. in the corresponding quarter of last year. Increase is 224%.
- Earning Per Share for Q1 FY20 stood at Rs. 2.21, as compared to Rs. 0.68 for Q1 FY19
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 July 1, 2019 stood at Rs 27,804 Cr.
On April 30, 2019, GRSE signed a Contract for eight nos. Anti– Submarine Warfare Shallow Water Craft (ASW SWC) with the Indian Navy of Rs.6311 Cr.
Additionally, GRSE is planning to launch the 5th Ship of FPV Project Yard No.2117 of Indian Coast Guard on August 10, 2019 at its Raja Bagan Dockyard Unit, Kolkata. Dr. Ajay Kumar, IAS Secretary (Defence Production) will be Chief Guest of the ceremony.
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: co.sec@grse.co.in |
M: +91 7798232425/9773778669 |
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.
PRESS RELEASE
GRSE’s CSR INITIATIVE WITH INDIAN INSTITUTE OF
CEREBRAL PALSY
GRSE’s long association with Indian Institute of
Cerebral Palsy (IICP) dates back to 2009. GRSE has
been adopting Education Development Units and
Vocational Training Units called Life Skill Training
Units at the IICP. These units cover children falling
in the age group of 12 – 18 years and having severe
multiple impairments.
These children are
imparted training in basic academic and life oriented
language and numeracy skills for achieving minimum
level of self- reliance & functional competence.
They are also trained in pre-vocation skills like
block printing, making bead & junk jewellery,
paper packets from newspapers, greeting cards,
decorated earthen lamps, diyas, rakhis etc. The cheque
of Rs 24 Lakhs for FY 2019-20, covering 40 children
under this project was handed over today – 07 Aug 19.
The cheque was handed over by Rear Admiral V.K.Saxena,
IN (Retd.), Chairman & Managing Director, GRSE to
Smt. Sonali Nandy (Chief Operating Officer), IICP in
presence of Management and Children of the Institute
along with Senior Management Team of GRSE, Director
(Finance) – Shri S.S.Dogra, Director
(Personnel) – Shri A.K.Nanda, Director
(Shipbuilding) – Cmde S.Nayyar, IN(Retd.), and
Independent Director – Smt. Kanwaljit Deol, Ex
IPS.
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PRESS RELEASE
Chief of Naval Staff Visits
GRSE
Admiral Sunil Lanba, PVSM, AVSM, ADC, Chief of Naval Staff, accompanied by Vice Admiral Karambir Singh, PVSM, AVSM, FOC in C, Eastern Naval Command visited GRSE on 14 May 19. During the walk around, CMD GRSE, Rear Adm VK Saxena, IN (Retd.) showcased the shipbuilding facilities of GRSE, spread across two distinct locations at Main Works and FOJ Unit in Kolkata.
GRSE has a strong order book of Rs 28000 crore (approx), today, having bagged two orders on competitive bidding recently. With capacity to construct 20 ships concurrently, a 100 member strong design team & achieving a historical milestone of delivering 100 warships since 1960 ranging from Frigates, ASW & Missile Corvettes to Fast Attack Crafts, GRSE has laid the foundation to set sail on a strong growth trajectory.
Admiral Lanba and Vice Admiral Karambir Singh reviewed the Yard’s modernization initiatives, Shipbuilding projects and also visited Yard 3020, a ASW Corvette under construction at GRSE.
PPRESS RELEASE
GRSE Signs Contract for 08
Anti-Submarine Warfare Shallow Water Crafts
(ASWSWCs) for Indian Navy
In the emerging competitive scenario, it was a huge boost for team GRSE when the Shipyard was declared successful in the competitive bid for design, construction and supply of 08 Anti-Submarine Warfare Shallow Water Crafts (ASWSWCs) for Indian Navy.
RFP was issued by Indian Navy to DPSU Shipyards and Indian Private Shipyards in Apr 2014, with GRSE emerging as the successful bidder. The Contract was signed on 29 Apr 2019 between Garden Reach Shipbuilders & Engineers Limited (GRSE) and Government of India, Ministry of Defence. The order value for these 08 vessels is Rs. 6311.32 crore. The 1st ship is to be delivered within 42 months from contract signing date and subsequent balance ships delivery schedule will be 02 ships/ year. The project completion time is 84 months from date of signing the contract. GRSE is currently handling major projects to make 03 Stealth Frigates for Indian Navy under P17A Project, ASW Corvettes for Indian Navy, LCUs for Indian Navy, 04 Survey Vessels (Large) for Indian Navy, FPVs for Indian Coast Guard etc.
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 100 warships built by GRSE so far ranges from Advanced Frigates to Anti-Submarine Warfare Corvettes to Fleet Tankers, Fast Attack Crafts etc. with the Shipyard having many firsts to its credit in terms of Innovation and Design. The present Project will further consolidate GRSE’s position as a unique shipyard with all round capability to design and build ASWSWC warships with State of The Art Technology.
These Anti-Submarine Warfare Shallow Water Crafts are designed for a deep displacement of 750 Tons, Speed of 25 Knots and complement of 57 and capable of full scale sub surface surveillance of coastal waters, SAU and Coordinated ASW operations with Aircraft. In addition, the vessels shall have the capability to interdict/ destroy sub surface targets in coastal waters. They can also be deployed for Search and Rescue by day and night in coastal areas. In their secondary role, they will be capable to prosecute intruding aircraft, and lay mines in the sea bed.
The vessels are equipped with highly advanced State of The Art Integrated Platform Management systems including Propulsion Machinery, Auxiliary Machinery, Power Generation and Distribution Machinery and Damage Control Machinery etc.
These warships 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) and
Safety of Life at Sea (SOLAS).
The design
and construction of these ships at GRSE is another
significant milestone in the “Make In India”
Initiative of the Govt. of India.
PRESS RELEASE
FPV “ICGS Priyadarshini”
Commissioned
26 Apr 19. The First of the Class of 05 Fast Patrol Vessels (FPVs), named “ICGS- Priyadarshini” built by Garden Reach Shipbuilders and Engineers Limited (GRSE), Kolkata was commissioned at Kakinada, Andhra Pradesh today by Additional Director-General Kripa Ram Nautiyal, PTM, TM, CGC (ES), in the gracious presence of Inspector General Sivamani Paramesh, PTM, TM, COMCG (East), Commandant (JG) Mahavir Singh, Commanding Officer, ICGS Priyadarshini. The ceremony was attended by Rear Admiral VK Saxena, IN (Retd), Chairman & Managing Director, GRSE and other senior officials of the Indian Coast Guard and GRSE.
The ship ICGS Priyadarshini is the first in the series. The remaining four ships are in advanced stages of construction. The FPV is a medium range surface vessel 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 entire design of these FPVs has been developed in-house by GRSE as per requirements specified by Indian Coast Guard. The ship is 50 meters long, 7.5 meters wide with a displacement of around 308 tonnes. It is designed for a maximum speed of 34 knots with an endurance of more than 1500 nautical miles, and is equipped with 3 main engines with advanced control systems, water jet units and an integrated bridge system integrating all communication and navigation systems. The ships are 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 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 recognised by Dept. of Scientific & Industrial Research (DSIR), Ministry of Science & Technology, Govt. of India.
Having hit the 100 warship delivery mark in Mar 19, GRSE currently has a strong order book of around Rs. 22,000 Crores equipping the shipyard with a deep pool of revenue-generating projects.14 ships which include 03 P17A, 01 ASWC, 04 Nos. Survey Vessels (Large), 02 LCUs, 04 FPVs are in various stages of construction and are expected to be delivered to the Indian Navy and the Indian Coast Guard accordingly. Three ships of Project P17A Advanced Stealth Frigates are being constructed using Integrated Construction Technology, 3D Modelling concepts and latest software like Aveva Marine and NAPA. GRSE has also been declared successful bidder in competitive bidding for another 08 ASW- SWC ships for the Indian Navy, the Contract for which is expected to be signed shortly.
GRSE has entered its Diamond Jubilee year of operations and with today’s commissioning of ICGS Priyadarshini, GRSE has once again demonstrated its commitment to strengthen the maritime security of the nation, thereby living up to the aspirations that the country has reposed on this Mini- Ratna Category-I Shipyard. Over the last 60 years, the company has delivered 100 warships to the Indian Navy, Indian Coast Guard and the Mauritius Coast Guard. GRSE is the first Indian shipyard to hit this historic century landmark for warship building. GRSE has consolidated its position as the nation’s leading shipyard by building a range of warships from world class Frigates to Anti-Submarine Warfare Corvettes to Fast Attack Crafts and many more.
GRSE continues to raise its bar higher in the sphere of maritime engineering excellence. The ace shipbuilder has set sail towards its growth trajectory in line with its vision to be a world leader with focus on four fold increase in Value of Production in coming 4-5 years, 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 and profit margins. Continuous research and innovation, excellent product quality, lean thinking and a strong corporate structure powered by an outstanding human capital promise a great future for GRSE.
PRESS RELEASE
GRSE Celebrates 60th Raising
Day
Kolkata, April 20, 2019
-
Garden Reach Shipbuilders 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, celebrated its 60th Raising Day
of becoming a Defence PSU on April 19, 2019.
GRSE celebrated the occasion with much fanfare on 19 & 20 Apr 2019. The event on April 19 was an in-house affair which saw wholehearted and enthusiastic participation from all sections of GRSE employees includingRear Admiral V. K. Saxena, IN (Retd) Chairman and Managing Director. Employees were awardedin recognition of their contribution and retired workers who had served the Company for 40 years were felicitated. The event culminated in a colourful cultural program.
- 20 Apr19 was an evening of grandeur asHon’ble Governor of West Bengal, Shri. KeshariNathTripathi, graced the occasion as the Chief Guest. The Hon’ble Governor inaugurated the event by cutting aceremonial cake and marking a formal beginning of the celebrations. He also unveiled a book titled, ‘“Voyage to the Centennial Warship”– a memorabilia celebrating and chronicling GRSE’s commendable journey spanning from its deliveryof the firstindigenous warship of Independent India to Indian Navy in 1961till the recent landmark of delivering the100thwarship, Landing Craft Utility, IN LCU – L-56 to Indian Navy. The Hon’ble Governor also released a copy of ‘GRSE Varta 2019’, an Annual In-House Journal during this event.
-
Demonstrating a very moving gesture, Rear Admiral V.
K. Saxena, IN (Retd.), the Chairman & Managing
Director, GRSE felicitated and applauded all the
former Chairman and Managing Directors of GRSE in
presence of Hon’ble Governor of West Bengal,
ShriKeshariNathTripathi, Director (Finance), Shri SS
Dogra, Director(Personnel), Shri AK Nanda,
Director(Shipbuilding), Cmde S Nayyar, Chief
Vigilance Officer Shri D Mahto, (on the dias) and
senior officials of GRSE and distinguished
guests.
- Interestingly, GRSE delivered its 100th warship to the Indian Navy on March 30, 2019- an achievement that makes GRSE the first Indian shipyard to build and deliver 100 warships to the Indian Navy, Indian Coast Guard and Mauritius Coast Guard.
Six Decades of GRSE
- The genesis of Garden Reach Shipbuilders & Engineers Ltd.(GRSE) dates back to 1884 when it started its journey as a small workshop to repair vessels of River Steam Navigation Company. The Company was taken over by the Government of India in 1960 after which there was no looking back. The first warship of Independent India, INS Ajay was delivered to the Indian Navy in 1961 – which is within one year of being taken over by the Ministry of Defence. Over last 59 years, GRSE has built around 780 Platforms which include 100 warships to Indian Navy, Indian Coast Guard & Government of Mauritius – the highest number of warships built and delivered by any shipyard of the country. From building 5 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. The company was conferred the status of a Mini Ratna Category 1 Company in the year 2006 and the shipyard has proudly received ISO 9001, 14001 , 18001 and 50001 certification. The first warship for export by the Country, was also delivered by GRSE to Mauritius in 2014 – our Offshore Patrol Vessel, named, CGS Barracuda.
- Primary Role of GRSE has been to build warships and other vessels for the Indian Navy and the Indian Coast Guard. Over the years, GRSE has established ace capabilities in the field of in-house ship design & shipbuilding and has made significant contribution to the success of indigenous warship construction programme in the country. GRSE has also emerged as a leading shipyard of India, building a wide array of vessels, from world class Frigates to Fast Attack Crafts. The shipyard completed its infrastructure modernization and has successfully built an Integrated Shipbuilding Facility in 2013in order to build quality ships in lesser timeframe with Modular Construction Technology.
- GRSE currently boasts of its capacity to build 20 warships (8 large and 12 small) simultaneously. Apart from shipbuilding and ship repairing, the company has also diversified into engineering business with a product profile of Pre-fabricated Portable Steel Bridges, various Deck Machinery items and Assembly/ Testing/Overhauling of MTU Diesel Engines.
First to Credit
- First Shipyard of Independent India to build a Seaward Defence Boat (SDB): INS Ajay was delivered to the Indian Navy in 1961. This ship was later gifted to Bangladesh and was reamed as BNS Surma.
- First Ever Patrol Vessel built for Indian Coast Guard: December 23, 1980 would remain a red letter day in the history of both GRSE & Indian Coast Guard when the first ever Patrol Vessel built for Indian Coast Guard CGS Rajhans was commissioned.
- First Ever Indigenous Survey Vessel: The first Survey Vessel for Indian Navy was also designed and built by GRSE. This ship, INS Sandhayak, was commissioned on February, 1981.
- The Landing Ship Tanks built by GRSE were termed as Landing Ship Tanks (Large) in order to differentiate from the medium sized LSTs, then in service with Indian Navy. The First of Class LST (L) designed in-house & built by GRSE, INS Magar was commissioned in 1987.
- Only Indian Shipyard to have built a Fleet Replenishment Tanker: INS Aditya, the largest built Fleet Replenishment Tanker was delivered to the Indian Navy in March, 2000.
- First Indian Shipyard to have built Hovercrafts: GRSE has built a total of six Hovercrafts for the Indian Coast Guard. The First Hovercraft, H-181, was commissioned on September 18, 2000.
- First Ever Warship Built in Indian for Export: CGS Barracuda was commissioned at Port Louis, Mauritius on March 12, 2015, in the august presence of Hon’ble Prime Minister of India, ShriNarendraModi and Hon’ble Prime Minister of Mauritius, Sir AneroodJagnauth. This was a historic occasion for India, and GRSE in particular. The in-house design and construction of this first ever export warship of the country has been yet another feather in the cap of GRSE.
- First Indian Shipyard to integrate carbon composite superstructure with steel hull on board3rd ASW Corvette, INS Kiltan delivered to Indian Navy on October 14, 2017.
- First Defence Public Sector Undertaking shipyard to get listed in Stock Exchange on October 10, 2018.
- First Defence PSU to go live on TReDS Platform on August 9, 2018.
Recent Feats
- Record delivery of eight warships in 22 months (Jun 2017 – March 2019).
- 13 Warships delivered in last Four Years (FY 2014-15 to FY 2018-19).
- Kamorta Class Anti-Submarine Warfare Corvettes & Landing Craft Utility Ships have the distinction of achieving over 90% indigenous equipment fit.
- The design R & D Unit of GRSE has been recognized by Department of Scientific & Industrial Research (DSIR), Ministry of Science & Technology.
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