HSL has orders worth Rs 2,000 cr

The Hindustan Shipyard Ltd (HSL) has orders worth Rs 2,000 crore on hand for construction of 19 ships and repairing of a submarine, according to the Rear-Admiral Ajit Tewari, Chairman and Managing Director.

After hoisting the flag on the occasion of the Independence Day, he exhorted the workers and employees to put in their best efforts to deliver these vessels on time during the next three to four years.

He said: “It is a matter of great joy and pride that during the past three years we have made significant strides and our income has risen from Rs 127 crore to Rs 400 crore.”

He said the HSL had delivered a 30,000 DWT trader series bulker in May and two more ships of the same class would be delivered during the current financial year.

“The immediate priority is to deliver the 700-seater passenger vessel required for operation in the Lakshadweep islands by the month-end,” he said.