New Delhi, Jul 30: Navy's new warship project, which may be worth of Rs 30,000 crore, is waiting for its final approval.
The defence ministry has sent the new naval project for building four new guided missile destroyer warships to the finance ministry for clearance, before it goes to Cabinet Committee on Security for last approval.
In New Delhi, Defence ministry officials said that the project that may be worth Rs 30,000 crore for building the guided missile destroyers as a follow-on to the on-going project of Kolkata class warships.
The new destroyers will be of 6,700 tonnage with advanced sensors and weapons suite.
Codenamed 'Project 15B', the 4 new destroyers with stealth features superior to the Kolkata class would be constructed at the Mumbai-based Mazagon Docks Limited.
The three Kolkata-class destroyers are under construction at MDL under the long-delayed Rs 11,662 crore Project 15A and are scheduled for delivery to the Navy between 2012 and 2014.
While projects worth less than Rs 500 crore would be decided by the defence minister, proposals ranging from Rs 500 crore to Rs 1,000 crore would be decided by him in consultation with the finance minister.