agencies NEW DELHI, Aug 12: India aims to have its first Polar Research Vessel (PRV) in the next five years in order to sustain its bases in Antarctica, Union Earth Sciences Minister Kiren Rijiju said recently. Replying to a query in the Rajya Sabha, he said a proposal regarding the ship is expected to go for Cabinet approval during the current financial year. He noted that in 2014, the Cabinet had approved Rs 1,051 crore to acquire the vessel. A tender was also floated for the same. The government later abandoned the project as the company which had got the order to build the ship raised certain conditions that were not part of the tender process. "However another effort was initiated and now, we are ready with the proposal to be moved by the EFC (Expenditure Finance Committee)," Rijiju said. The cost of the vessel is now estimated to be Rs 2,600 crore, he noted. "I am hopeful that in this financial year, we should be ready to propose this estimate and move in the Cabinet. In the next five years, we should be ready with the ship," Rijiju stated.
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