Home India Ministry of Defence CONTRACT FOR 04 X 500T SELF PROPELLED FUEL BARGES FOR INDIAN...
Date: 2026-03-03 Category: Press Release State: Union Government Country: India

CONTRACT FOR 04 X 500T SELF PROPELLED FUEL BARGES FOR INDIAN NAVY WITH M/S SHOFT SHIPYARD PRIVATE LIMITED, THANE

Issued by Ministry of Defence · Not Applicable

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Executive Summary & Key Takeaways

The Ministry of Defence has finalized a contract with M/s Shoft Shipyard Private Limited, Thane, for the construction of four 500-ton self-propelled fuel barges for the Indian Navy. This contract was concluded on March 2, 2026, and the barges will be built by an MSME Shipyard. These barges are intended to support the "Make in India" and "Aatmanirbhar Bharat" initiatives and will adhere to the Classification Rules of the Indian Register of Shipping (IRS). Their primary function will be to refuel ships and submarines in harbors and at anchorages. This agreement is part of the Indian Navy's effort to promote the growth of MSME shipyards and contribute to the domestic shipbuilding ecosystem, aligning with the Maritime India Vision 2030. The release was posted on March 3, 2026, at 12:55 PM by PIB Delhi.

Key Entities Referenced

Indian Navy: The primary recipient and end-user of the fuel barges. M/s Shoft Shipyard Private Limited: The company contracted to build the fuel barges. Thane: The location of the shipbuilding company. Make in India: An initiative under which the barges are being built, promoting domestic manufacturing. Aatmanirbhar Bharat: An initiative under which the barges are being built, promoting self-reliance.
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Ministry of Defence CONTRACT FOR 04 X 500T SELF PROPELLED FUEL BARGES FOR INDIAN NAVY WITH M/S SHOFT SHIPYARD PRIVATE LIMITED, THANE Posted On: 03 MAR 2026 12:55PM by PIB Delhi A contract for construction of 04 X 500T Self Propelled Fuel Barges has been concluded with M/s Shoft Shipyard Private Limited, Thane (MSME Shipyard) on 02 Mar 2026. These Barges are the proud flag bearers of “Make in India” and “Aatmanirbhar Bharat” initiatives of the Govt of India and will be built under the Classification Rules of Indian Register of Shipping (IRS). The primary role of these barges will be replenishment of fuel to ships and submarines in harbour and at anchorage. With this contract, Indian Navy continues to encourage and bolster the growth of MSME Shipyards thereby contributing immensely towards the domestic shipbuilding ecosystem in line with Maritime India Vision 2030. **** VM/SKY 44/26 (Release ID: 2234905) Visitor Counter : 1013 Read this release in: Urdu , Marathi , ही , Gujarati , Telugu

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