Day Ahead Of PM Modi's Visit, France Backs Out Of Key Submarine Project

Tuesday, 3 May 2022newsdesk

France's Naval Group today said it is unable to participate in Centre's P-75I project, under which six conventional submarines are to be domestically built for the Indian Navy, due to conditions mentioned in the request for proposal (RFP) related to air independent propulsion (AIP) system.

New Delhi, 03 May 2022

As per news report of NDTV, Naval Group's announcement comes a day before Prime Minister Narendra Modi's visit to Paris where he is scheduled meet recently re-elected French President Emmanuel Macron. AIP system allows a conventional submarine to stay submerged in water at higher speeds for a longer period of time. In June last year, the Defence Ministry had cleared the P-75I project and subsequently, RFPs were issued to two shortlisted Indian companies - private company Larsen and Toubro and state-run Mazagaon Docks Limited. The two Indian companies (called strategic partners) have to tie up with one of the five shortlisted foreign companies - ThyssenKrupp Marine Systems (Germany), Navantia (Spain) and Naval Group (France), Daewoo (South Korea) and Rosoboronexport (Russia) - and then respond to the RFP, according to the Defence Ministry.

Source -NDTV