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New Delhi:
The Comptroller and Auditor General has taken sturdy exception to the Indian Navy’s failure to conclude a Rs 16,000-crore contract to induct a fleet of amphibious warships even after deciding on the acquisition in 2010.
The Navy deliberate to obtain 4 Landing Platform Docks (LPDs) that are used to move troops, land warfare property comparable to tanks, helicopters and vessels right into a struggle zone by sea.
In a report tabled in Parliament on Wednesday, the nationwide auditor slammed the Indian Navy for not having the ability to conclude the contract when it’s reeling from a scarcity of LPDs.
“The existing capability of LPDs was found to be inadequate to meet the requirements of amphibious/ expeditionary operations. Indian Navy, therefore, decided to acquire this vital warfare ship in October 2010 at a cost of Rs 16,000 crore,” the CAG mentioned.
“However, even after a lapse of nine years, contract has not been concluded. This was due to failure to fix a specified time frame for obtaining corporate debt restructuring exit certificate by one of the participating firms,” it added.
The CAG additionally noticed that the Indian Navy’s auxiliary vessel energy was not growing incommensurate with the rise in its fight fleet.
“In fact, it was declining. The planned targets for the acquisition of auxiliary vessels could not be achieved due to inordinate delays in the acquisition process; specifically, non-adherence to the prescribed timelines in the conclusion of contracts,” the CAG mentioned.
“This was principally on account of lack of expertise of DPSUs and non-assessment of the capability of shipyards,” it added.
The CAG additionally criticised the Indian Navy for not possessing sufficient cadet coaching ships.
“The Indian Navy, therefore, converted normal fleet ships to training ships. The converted vessels, however, experienced severe limitations in operation,” it mentioned.
“The contracts concluded (June 2011 and November 2012) for the acquisition of three cadet training ships did not fructify and bank guarantees worth Rs 324.73 crore were yet to be encashed,” the CAG mentioned.
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