MDL Signs MoU with NSHIP-AP for Rs 15,000 Crore Greenfield Shipyard at Dugarajapatnam
Mazagon Dock Shipbuilders Limited (MDL) signed an MoU with National Shipbuilding and Heavy Industries Park–Andhra Pradesh (NSHIP-AP) to develop a Rs 15,000 crore greenfield shipyard at Dugarajapatnam, Andhra Pradesh. It was signed by MDL CMD Captain Jagmohan (Retd.) and NSHIP-AP MD Praveen Adhithya C.V. in the presence of AP Chief Minister N. Chandrababu Naidu. The Dugarajapatnam Shipbuilding-cum-Port Cluster is being developed under the Shipbuilding Development Scheme (SbDS) with an initial capacity of 1.2 million gross tonnes per annum, building tankers, bulk carriers, container ships and LNG carriers. The shipyard is estimated at Rs 29,254 crore and the associated port at Rs 9,513 crore.
Mazagon Dock Shipbuilders Limited, Mumbai — a Navratna defence PSU under the Ministry of Defence | Andhra Pradesh Chief Minister: N. Chandrababu Naidu | Ministry of Ports, Shipping and Waterways handles shipbuilding policy