SOURCE: AFI
The Indian Navy has successfully concluded the Technical Evaluation Committee (TEC) stage for its P-75I program, a crucial step in acquiring new conventional submarines.
The project aims to bolster India’s underwater defense capabilities by inducting six new submarines. Two companies emerged as frontrunners after submitting bids:
- Navantia, a state-owned shipbuilding company from Spain, is offering its S-80 Plus class submarines.
- ThyssenKrupp Marine Systems (TKMS), a German defense contractor, is expected to be pitching its Type 214 submarines.
With the technical evaluation complete, the P-75I program is expected to move forward with the following stages:
- Commercial Negotiations: The shortlisted companies will negotiate contract terms with the Indian Navy.
- Price Bids: Once negotiations are finalized, the companies will submit their final price bids.
- Contract Award: The Indian Navy will evaluate the commercial proposals and select the winning bidder based on a combination of technical merit and cost competitiveness.
The P-75I program is a strategically important initiative for India. The new submarines will significantly enhance the Indian Navy’s ability to. The upcoming stages of the P-75I program will be keenly watched, with both Navantia and TKMS vying to secure this major defense contract.