Garden Reach Secures Contract for Seychelles Coast Guard Ship Refit

Garden Reach Shipbuilders & Engineers (GRSE) has been awarded a contract by the Ministry of External Affairs, Government of India, for the 2nd refit of the Seychelles Coast Guard Ship PS Zoroaster. The total value of the contract is approximately ₹33 Crore (excluding GST). The refit is expected to be completed within 03 months.

Contract Overview

GRSE has secured a contract with the Ministry of External Affairs (MEA), Government of India, for the 2nd refit of the Seychelles Coast Guard Ship PS Zoroaster. The agreement was formally announced on February 7, 2026.

Financial Details

The total value of the contract is approximately ₹33 Crore (excluding GST). This reflects the broad consideration for the refit services to be provided.

Project Timeline

The refit is scheduled to be completed within a timeframe of 03 months from the start date of the contract. This underscores GRSE’s commitment to timely project execution.

Refit Purpose

This refit marks a significant step in ensuring the operational readiness of the Coast Guard Ship. It further solidifies collaborative efforts aimed at promoting regional stability and security, with specific focus on the Seychelles region.

GRSE’s Role

As the entity responsible for this key project, GRSE’s competence in shipbuilding and adherence to schedules play a central role. The 2nd refit of Seychelles Coast Guard Ship PS Zoroaster shows GRSE’s capacity to deliver on complex defense contracts.

Source: BSE

Previous Article

Mahanagar Gas Interim Dividend Declared at ₹12 Per Share

Next Article

Mahanagar Gas Interim Dividend Declared Amid Solid Financial Results