Indian Navy is likely to get two strategic operating vessels (SOVs) also known as midget submarines on Hindustan Shipyard Limited that can boost the underwater capability costing an estimated $482 million each, the Hindu reported today.
According to the report, the Request for proposal (ROP) will be notified in a couple of months.
“We are expecting to ground work on the project by completing all the procedures by the year-end and deliver it in three years,” HSL Chairman and Managing Director Rear Admiral N.K. Mishra was quoted as saying by the daily.