Gujarat govt clears 3 shipbuilding projects
In keeping with its enhanced focus on shipbuilding and ship repair, the Gujarat government has approved three projects, worth Rs 1,070 crore, for development of shipbuilding yards, it is learnt.
The projects include yards along the north bank of the Narmada near Dahej, and the old port of Bhavnagar, where private players will be constructing small-to-medium-sized vessels.
The three companies reportedly granted approval for developing shipbuilding yards are Modest Infrastructure at Nava Ratanpara in Bhavnagar, Dolphin Offshore at Jafrabad in Saurashtra and Bombay Marine at Koliyad near Dahej.
Modest Infrastructure has been approved for the Rs 500-crore Bhavnagar project, for which environment and coastal regulatory zone clearances have been obtained from the Union government.
The company already has possession of the land and project implementation is expected to begin soon, according to reports.
The state government, through the Gujarat Maritime Board (GMB), had earlier this year come out with a comprehensive Shipbuilding Policy to promote shipbuilding and related activities along the state’s coastline.
Source : Exim News Service - GANDHINAGAR, July 21
CAclubindia
