Engineering and cconstruction major Larsen &
Toubro (L&T) will set up a major state-of-the-art
shipbuilding yard at a cost of Rs1,500 crore.
company has identified three locations Chennai
in Tamil Nadu, Kakinada in Andhra Pradesh and Mundhra
in Gujarat for the project.
the location is finalised in the next few weeks, the
project is expected to be commissioned by 2009-2010.
L&T shipyard would have the capability to manufacture
any type of ship, including frigates and destroyers
for Navy and the Coast Guard.
already has a shipbuilding yard at Hazira, Gujarat,
but the area there is not adequate for expansion and
for making large ships.
new greenfield ship building yard, to come up on a 1,000-acre
area, would have the capability to make all types of
ships, including high-tech vessels, such as CNG, LNG
carriers and containers up to 3 lakh dead weight tonnes
(DWT), reports quoted L&T senior vice president
MV Kotwal as saying.
India has 28 ship building yards, the largest ship built
in the country is a 45,000 DWT vessel at Kochi Shipyard
and none of the country''s shipyards have the capability
to manufacture high-tech or sophisticated ships.