Kolkata, June 19 : War ship maker Garden Reach Shipbuilders and Engineers (GRSE) Ltd and Kongsberg Maritime (KM), Finland, signed a Memorandum of Understanding (MoU) for co-production of indigenous Water Jets (WJs) of up to 3.5 MW on Monday, official sources said.
The MoU was signed by Cmde P R Hari, IN (Retd), Chairman and Managing Director, GRSE, and Mr Ottar Ristesund, SVP, Sales, Propulsion and Engines, Kongsberg Maritime (KM), in the presence of Vice Admiral Sandeep Naithani, AVSM, VSM, Chief of Materiel, Indian Navy.
Waterjet Propulsion Systems are extensively used onboard Indian Navy & Indian Coast Guard ships and therefore, this collaborative effort of GRSE and Kongsberg Maritime (KM) has huge market potential in the coming years.
Taking giant strides towards Atma Nirbharta, the GRSE had earlier signed a MoU with M/s Rolls Royce for co-production of high speed Marine Diesel Engines, a statement added.
The shipyard has also recently signed a contract worth (Approx.) Rs 250 Crs for manufacture and supply of 30 MM Naval Surface Guns to the Indian Navy.
