Maybe if he had invested in RNEL back in September, he would have made 10 times the amount by November.
Naval Offshore Patrol Vessels of Indian Navy and Coast Guard : Updates & Discussions
- Thread starter Ankit Kumar
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Maybe if he had invested in RNEL back in September, he would have made 10 times the amount by November.
Sure. Much like Anilbhai's impending bankruptcy you were trying so hard to negate & later defend a couple of years back.Secret.
The MOD can atleast have the completed hulls shifted to another yard to complete them no?
Should be unlikely since Reliance is the owner of the project, it's not an NDB design.
It's true People who invested in RNEL last year when it was trading at .90 made a killing at 7rs .
But people who invested in RNEL at 60, have close to lost everything. Given no one invests in just one stock, that's besides the point.
It just remains that ADAG is a horribly managed entity, everything, RNEL, Rcap, Rinfra, Rhomefin, everything has gone to shit.
There are many better-managed companies out there to invest in, And @randomradio I bought Eicher back in 2008, rest is needless to say.
It's true People who invested in RNEL last year when it was trading at .90 made a killing at 7rs .
But people who invested in RNEL at 60, have close to lost everything. Given no one invests in just one stock, that's besides the point.
It just remains that ADAG is a horribly managed entity, everything, RNEL, Rcap, Rinfra, Rhomefin, everything has gone to shit.
There are many better-managed companies out there to invest in, And @randomradio I bought Eicher back in 2008, rest is needless to say.
It was just a joke. Dying companies are good for day traders.
We ought to up arm these ships. They have so much potential :
INS Sunayna’s Extended Deployment To The Gulf Of Aden Demonstrates India’s Naval Reach
By Chandrashekhar Bhattacharyya - May 22, 2020
Just yesterday, i.e May 21, 2020, the INS Sunayna (P-57), a 2000-tonne, indigenous offshore patrol vessel (OPV) which had been dispatched for anti-piracy operations and mission-based deployment to the Gulf of Aden, returned to its homeport of Kochi after a spending a gruelling 80 days at sea. Since the ship was out for such a long time and shore-based support was impossible due to the pandemic situation, the INS Sunayna had to be replenished at sea. This was accomplished with the help of fleet support ships. The replenishment operation took place in the Gulf of Aden. The ship could not and did not enter any port due to Covid-19 restrictions and the extended deployment is a testimony to the Indian Navy’s (IN’s) operational reach.
INS Sunayna is of course a Saryu class offshore patrol vessel (OPV), which is the largest type of OPV in service at the moment. The Saryu-class also includes the INS Sumitra, INS Sumedha, and, of course the INS Saryu. Two vessels of the class were also supplied to the Sri-Lankan Navy — SLNS Sayurala, and SLNS Sindurala. As such, The INS Sunayna was built in 2013 as part of an Rs 2452 crore deal signed between Goa Shipyard Limited (GSL) and the IN.
About the Ship :
- INS Sunayna, pennant number (P-57) is a 2,000-tonne Offshore Patrol Vessel.
- It is the second indigenous Saryu-class patrol vessel to be inducted into the IN and has been designed and constructed by GSL.
- It is designed to undertake fleet support operations, coastal and offshore patrolling, ocean surveillance, and monitoring of sea lines of communications and offshore assets and escort duties.
- Earlier, in June 2018, INS Sunayna was deployed as part of “Operation Nistar”, a Humanitarian Assistance and Disaster Relief mission to evacuate Indian nationals from Yemen’s Socotra islands after the same was subject to the fury of a cyclone.
- The INS Sunayna is listed as a Naval OPV (NOPV) in the GSL catalogue.
- The ship’s design features an active fin stabilizer, which reduces rolling motion when the seas are rough by maintaining the desired position with the help of fins
- When the seas are rough, the fins extend outward, increasing the ship’s surface area, and, in turn, the buoyancy and hydrodynamic drag
- This active fin system is one of the key features behind INS Sunanya’s improved bad-weather handling and performance as compared to older vessels of comparable role and size.
- The INS Sunanya is powered by a twin Colt-Pielstick PA-6B STC diesel engine powerplant with 18-cylinders in each unit, generating a total power output of 15,797 kilowatt (kW).
- The propulsion unit features a number of locally sourced sub-systems such as the gearbox and the oil filtration system.
- The propeller is of a controllable-pitch type — it automatically adjusts the blade angle to provide maximum forward impulse, no matter how choppy the seas get.
- The ship’s engines have been tuned to operate in tropical temperatures (45 – 58 degrees centigrade)
- The maximum speed is 35 knots (63 kmph), while maximum endurance range is 6,000 nautical miles ( about 11,000 km)
- Armament-wise, the INS Sunanya carries a 76-mm, remote-controlled super-rapid gun-mount manufactured at OFB Trichy and 2 AK-630 close-in weapons systems
- Countermeasures include chaff dispensers and the Sanket MkIII Electronic Support Measures system developed by Bharat Electronics Limited.
- The Kavach chaff dispenser used in the INS Sunayna is a standard anti-missile decoy suite developed by the Ordnance Factory Board and is currently used across many other weapons platforms.
- The DRDO-developed EON-51 optical fire control system mounted aboard the INS Sunanya uses a thermal imager, a laser rangefinder, a CCD camera, and an all-digital console.
- The electro-optical fire control system can passively search, track and detect fixed and moving targets at sea, up to a 15-km range.
- It can also be used for shore navigation during silent radar operation, accurate target tracking and ranging, and all-weather, 24-hour fire control computation for the 76-mm multipurpose Oto Melara rapid-firing gun.
- The ship can accommodate 16 officers and 102 sailors, and has space on board for rubber-hull inflatable boats and also features an open helipad (for 10-tonne-class helicopters) and a hangar (specially-designed for the ALH Dhruv, albeit with folding rotors)
The ship was welcomed back by senior officers of the Southern Naval Command, who congratulated the ship on such an “unbroken and sustained deployment” at sea. The gruelling deployment certainly speaks highly of the training and endurance capabilities of the Indian Naval Personnel.
With inputs from Adreesh Ghoshal
I don't normally post the entire article from DDR. But this one was beautiful. Do show them some support by clicking the link to their website and liking the YouTube video and the twitter link.
Lenders to Reliance Naval seek EoIs for sale of Anil Ambani company
The last date to submit EoIs is 27 June, while the final list of prospective resolution applicants will be issued on 17 July.Reliance Naval has defaulted on loans worth Rs9,492 crore, the company disclosed to stock exchanges in January
www.livemint.com
@Milspec ; @suryakiran ; @randomradio
Lenders to Reliance Naval seek EoIs for sale of Anil Ambani company
The last date to submit EoIs is 27 June, while the final list of prospective resolution applicants will be issued on 17 July.Reliance Naval has defaulted on loans worth Rs9,492 crore, the company disclosed to stock exchanges in January
@Milspec ; @suryakiran ; @randomradio
Dunno who's gonna buy the shipyard now, in the current economy.
Well, to think just a year & a half ago you were claiming that there's nothing Anilbhai can't do to get out of this. Evidently Mukesbhai has his plate ful too else he'd have bailed him out. Guess it's a matter of time before Anilbhai loses DRAL too. Wonder who'd buy his stake there.
While I don't really care about the rest of his industry, some will be sold, some will take care of itself, I am mainly concerned about the shipyard.
The issue with the shipyard is the lack of orders, either from the shipping industry or from the navy.
Of course,
Horribly managed businesses usually do not get orders.
L&T has built and delivered 50 Defence vessels in the last decade.
I don't think it was badly managed under ADAG, it was just bad luck for them. Or else the USN wouldn't have contracted them to manage their Pacific Fleet. I recall Pipavav already had a debt of 7000Cr when it was bought by ADAG. And now it's just 2500Cr more than that, without much orders. That's simply too much debt.
I wouldn't compare the original owners SKIL, even the small stake that Punj Lloyd had, with L&T, too much of a qualitative difference between the two in every way.
Anil is aiming to keep RInfra alive.
He's selling a tolled expressway for 3600Cr and won an arbitration with Delhi Metro for 6000Cr or so. And his total debt with RInfra is 6000Cr. So he's aiming for RInfra to become debt free.
RInfra’s sale of Delhi-Agra toll road receives NHAI approval
Reliance Infrastructure will use 100 per cent of the proceeds from the sale to pay lenders .
Supreme Court admits Reliance Infra petition on Airport Metro arbitration
The Supreme Court has also asked DMRC to explain why it should not continue servicing the debt taken for the Airport metro express project
RInfra started 2018 with a debt of 19,000Cr and has come down to 6000Cr as of 2019. And their order book as of end 2019 was 28,000Cr, while planning to win another 20,000Cr in orders. So DRAL's gonna be fine.
We only have to keep an eye on the future of the shipyard.
Oh, yeah, I forgot to add this. L&T survived in the shipbuilding business because they merged their "almost failed" shipyard with the parent company, which is worth tens of billions of dollars. If it wasn't for that, L&T's shipbuilding was also headed the same way as Pipavav.
L&T falls 2% as board approves merger with L&T Shipbuilding
JP Morgan has maintained overweight rating with a target at Rs 1720. According to firm, margin miss led by Infra disappointing.
The fault lies with the MoD of course, not with either of the shipyards.