NEW DELHI, 03 December 2022, (TON): Trouble and delays continue to dog the navy's plan to build six modern conventional submarines that can stay underwater for prolonged duration, with foreign collaborators failing to meet a deadline for submission of bids.
Sources said that the Rs 43,000 crore P 75I programme-under which an Indian shipyard will construct submarines domestically in partnership with a foreign technology partner-is being given another extension, with a new deadline for bid submission being set for August 2023.
As per the original plan, Indian shipyards had to submit a consolidated bid with a foreign collaborator in 2021.
After a series of issues were raised regarding liability clauses and other difficulties, the deadline was extended to June 2022.
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