With
an estimated ₹1,600 crore investment, Cochin Shipyard Ltd. and the Deendayal
Port Authority (DPA), both state-owned companies, will work together to build a
cutting-edge ship repair facility in Vadinar, Gujarat, that can dry dock
Capesize ships. By enhancing its current
facilities at its flagship yard in Kochi, the recently opened international
ship repair facility at Cochin Port, and repair units at Mumbai Port, Syama
Prasad Mookerjee Port, and Port Blair, this ambitious project seeks to solidify
Cochin Shipyard’s position as India’s leading ship repairer.
The
plan calls for Cochin Shipyard to supply a floating dry dock and handle the
ship repair yard’s operations and maintenance, while Deendayal Port Authority,
which oversees the port at Kandla, will build a jetty at Vadinar. According to
a government official acquainted with the proposal, the port authority will
also get a set percentage of the money made from ship repairs in addition to
leasing rentals.
After visiting Vadinar, a
high-level team from Cochin Shipyard, headed by Chairman and Managing Director
Madhu Nair, indicated interest in setting up the ship repair unit there
The
Ministry of Ports, Shipping and Waterways is currently reviewing the Detailed
Project Report (DPR) for the facility before presenting it to the cabinet for
approval.