[3] INS Deepak construction programme by Muggiano Shipyard of Fincantieri, involved three different shipyards of Fincantieri, Italy, in a challenging time frame of two years.
Fincantieri announced in October 2008 that it won an order to build a fleet tanker, with an option for another, against competitive bidding from leading international players, especially from Russia and Korea.
The contract, worth about 139 million euro includes a second vessel under an option clause which was signed in March 2009.
According to an interview published in Defenseworld.net in May 2009, senior BEL executives stated that as part of the offsets for the first fleet tanker, Fincantieri, in 2008, placed an order worth 14.3 million euros for the supply of Composite Communication System, Versatile Communication System, ESM System, Electric Opto Fire Control System and their integration on board the fleet tanker.
The CAG (Comptroller and Auditor General) reported that substandard steel was chosen which helped Fincantieri to bag the contract quoting lower cost.