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Construction of Conventional Submarines under Project P 75 (I) approved

  • IASbaba
  • June 7, 2021
  • 0
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Construction of Conventional Submarines under Project P 75 (I) approved

Part of: GS Prelims and GS -III – Defence and Security

In news

  • The Defence Acquisition Council (DAC) has approved the issuance of a Request For Proposal (RFP) for construction of six Conventional Submarines under Project P 75 (I) under the Strategic Partnership (SP) Model.

What is this Project about?

  • This Project envisions indigenous construction of six conventional submarines equipped with the state-of-the-art Air Independent Propulsion system at an estimated cost of Rs 43,000 crore.
  • This is the first case processed under the SP model. 
  • The SP model of the Defence Procurement Procedure (DPP) aims to promote the role of Indian industry in manufacturing and build a domestic defence industrial ecosystem.
  • This would be one of the largest ‘Make in India’ projects.

What is the Strategic Partnership (SP) Model?

  • The SP model shall identify few Indian private companies as Strategic Partners who would tie up with a few shortlisted foreign Original Equipment Manufacturers (OEMs) to manufacture defence equipment.
  • The selection of SPs and their foreign OEM partners would be based on a competitive process to be undertaken simultaneously. 
  • The Ministry of Defence (MoD) would also identify a list of Indian companies in each segment based on certain technical, financial and infrastructure-related parameters. 

Important value additions 

Defence Acquisition Council (DAC)

  • It is the highest decision-making body in the Defence Ministry 
  • It decides on new policies and capital acquisitions for the three services (Army, Navy and Air Force) and the Indian Coast Guard
  • The Minister of Defence is the Chairman of the Council.

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