Bharati Shipyard Ltd (BSL) is planning to set up a greenfield shipyard at Usgaon near the Dabhol port in Ratnagiri district of Maharashtra on India’s west coast to meet the requirements from global shipping industry. The new shipyard is expected to commence operation within two years. Also the Indian Government is planning to extend the subsidy it offered to shipbuilders that expired in August 2007, but the magnitude of the incentive is likely to be reduced from 30% to 20%.
- This greenfield project will have a capacity of 100,000 dead weight tonnage (DWT) spread over 250 acres. BSL has already acquired 180 acres and has identified the remaining 70 acres for procurement.
- Project estimated cost is Rs 600 crore.
- The Dabhol yard will make shipbuilding possible in all weather conditions as it would be located inside a creek away from the main sea. Also the yard has other locational advantages including very good water depth, adequate waterfront and scope for further expansion. The yard construction activities including installation of machineries have already commenced.
- BSL has its other four shipyards at Goa, Ratnagiri, Ghodbundar (near Mumbai) and Kolkata.
- Dabhol yard is expected to generate a peak turnover of Rs 2,000 crore by 2010.
- BSL is also proposing a SEZ at Dabhol, which will bring fiscal benefits.
Here is the map showing location of Dabhol.
Further expansions of BSL:
- Mangalore: The Mangalore expansion plan which is in progress is expected to remain unaffected in terms of capacity and time. This yard is expected to generate a peak turnover of Rs 1,000-1,500 crore.
- West Bengal: BSL has received government approval to set up a shipyard in 500 acres of land at Midnapur district near Haldia on the east coast. This yard would have the capacity to build vessels up to 2.5 lakh DWT and would require an investment of Rs 1,600 crore to Rs 2,000 crore.
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