(MENAFN- Trend News Agency)
Chairman and Managing Director of Cochin Shipyard Limited (CSL)
Madhu S Nair on Thursday said that India's first indigenous
Hydrogen-fuelled electric vessel is likely to delivered by
March-April next year, Trend reports citing ThePrint .
“The construction of India's first indigenous hydrogen-fuelled
electric vessel is a pilot project. We have completed the
engineering and the construction will also start very soon as we
are going to order the equipment required,” Nair said at a press
meet in Kochi.
He added that the fuel cell will be produced by a Pune-based
company relying on Indian technology. The vessel is at an advanced
stage. The delivery is expected to take place by March-April next
year, the CMD added.
Asked about the ship lift-based shipyard, he said,“The
estimated figure for the ship lift-based shipyard at Wellington
Island in Kochi is Rs 970 crore. We have taken 42 acres of land on
lease for 30 years, where the ship lift-based shipyard will be
built.”
“This is for medium-sized ships with a maximum length of 130
meters, a width of 25 meters and a weight of 6,000 tons. There will
also be a facility where six such ships can be parked together and
lifted, along with a one-and-a-half-kilometre berth,” he said.
He said that the project was delayed due to covid but 77 per
cent of it has been completed so far.
He said that the facility is expected to be commissioned by
December 2023 and Kochi will be a ship repair hub after it is
commissioned. We are repairing 100 ships per year now. After this
we will be commissioned to repair 150-160 ships per year, he
said.
He further disclosed that they have 9,000 employees in the
shipyard and they were doing two expansion projects in Kochi worth
Rs 2,800 crore.
“After this will be completed, a minimum of 3,000 people will
get jobs, thus an economic growth as well. We are scheming much
larger export orders and defence orders. We have 14 defence orders
worth Rs 6,500 crore and have signed the next generation missile
vessels worth Rs 9,000-10,000 crore, as well,” he said adding that
they have taken orders for 8 ships from Germany as well.
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