The defense PSU Garden Reach Shipbuilders and Engineers (GRSE) has emerged with the Philippine Navy (PN) being the lowest bidder for exporting two frigates to the Southeast Asian island country.
“We are the lowest price bidder for the order. Now the government is evaluating other aspects before placing the order. We are hopeful of a positive outcome but things are not final yet,” Director (shipbuilding), Commodore Ratnakar Ghosh, GRSE, told PTI.
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