State-run Cochin
Shipyard Ltd (CSL) on Monday 13 May said it has secured a “large” order from a
European client for hybrid service operation vessels (SOVs). A large order’s value is classified
between ₹ 500-1,000 crore, as per the company’s release.
“We would like to inform that CSL has
bagged a Large order from a European Client, for the design and construction of
a Hybrid Service Operation Vessel (Hybrid
SOV) with an option for two more such
vessels,” according to a stock exchange filing.
The hybrid SOVs, equipped with innovative hybrid
battery systems, are poised to set new standards in energy efficiency while
significantly reducing the carbon footprint.
The
vessel is designed and built for the service, maintenance and operational needs
of the offshore wind farm industry in the European market where sustainable energy solutions are in high
demand. The project is expected to be completed by the end of 2026, it said.