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GRSE Bags Rs 1,032 Crore Contract From ONGC to Build Four Offshore Support Vessels

Summary by Times of India
Garden Reach Shipbuilders secured a significant Rs 1,032 crore contract from ONGC. This agreement involves the construction of four advanced Platform Supply Vessels. These vessels will feature a hybrid propulsion system and advanced battery technology. The project diversifies GRSE's portfolio into the commercial offshore vessel segment. This initiative will bolster India's indigenous shipbuilding and offshore energy infrastructure capabilities.

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Times of India broke the news in India on Monday, August 3, 2026.
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