Mazagon Dock to build Rs 15,000-crore shipyard in Andhra Pradesh

Mazagon Dock Shipbuilders Limited (MDL) will develop a greenfield shipyard at Dugarajapatnam in Andhra Pradesh with an envisaged investment of Rs 15,000 crore over five to seven years. The MoU was signed between MDL Chairman and Managing Director Captain Jagmohan (retd) and National Shipbuilding and Heavy Industries Park-Andhra Pradesh (NSHIP-AP) Managing Director Praveen Adhithya in the presence of Chief Minister N Chandrababu Naidu, an official release said.

The project is expected to generate direct and indirect employment for around 45,000 people. The shipyard will have a design capacity of 1.2 million gross tonnes per annum and will build commercial vessels such as tankers, bulk carriers, container ships and LNG carriers. Telangana Today reports the shipbuilding cluster is being developed under the Centre's Shipbuilding Development Scheme (SbDS). The Deccan Herald reports the MoU was signed in the presence of Chief Minister Naidu.

The Andhra Pradesh government envisages the development of a greenfield shipbuilding-cum-port cluster at Dugarajapatnam. The Techno-Economic Feasibility Report estimates the cost of the shipbuilding and ship repair yard at approximately Rs 29,254 crore and the port at Rs 9,513 crore. The port is proposed to be developed by the Centre. The project is subject to required approvals and clearances.