DNN Intel: GRSE Bags 1,032 Crore PSV Contract from ONGC: Powering India’s Offshore Energy Sector
Reinforcing India’s self-reliance in maritime manufacturing Garden Reach Shipbuilders & Engineers Ltd. (GRSE), a Navratna Defence Public Sector Undertaking under the Ministry of Defence, Government of India, has received the Notification of Award (NOA) from Oil and Natural Gas Corporation Limited (ONGC) for the construction of four Platform Supply Vessels (PSVs). The Notification of Award (NOA) was received by GRSE on 30 July 2026 for the design, construction and delivery of the vessels. The order marks a significant diversification of GRSE’s shipbuilding portfolio and reinforces the shipyard’s growing presence in the commercial and offshore vessel segment. The project is expected to contribute substantially to India’s offshore energy infrastructure while further strengthening the nation’s indigenous shipbuilding capabilities. The vessels will be designed and built-in accordance with the Rules of the Indian Register of Shipping (IRS) and will incorporate advanced technologies to support offshore exploration and production activities. With an overall length of approximately 80 metres, beam of 20 metres, deadweight capacity of 3,000 tonnes, endurance of 45+3 days and a clear deck area of about 650 square metres, the vessels will be capable of undertaking a wide range of offshore logistics and support missions. A key highlight of the vessels is the incorporation of an advanced hybrid propulsion architecture, featuring electrically driven azimuth thrusters and a Lithium-Ion Battery Energy Storage System. The battery system will support peak load management, spinning reserve, dynamic positioning operations and emergency response functions, thereby enhancing operational efficiency and reducing environmental impact.
Key Takeaways
- Strategic Indian defense modernization.
- Technology induction and operational readiness.