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Bharati Shipyard, Apeejay in JV for ship building unit

Thursday, 27 Sep 2007
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Mumbai-based Bharati Shipyard in joint venture with Apeejay Surendra Group is setting up a ship building unit at Dhamara in Bhadrakh district of Orissa.

The project, to be spread across 1,050 acres of land, will be implemented in three phases, entailing an investment of Rs.2,200 crore.

The steel requirement for the plant is estimate at 75,000 tpa during the first phase, 2,30,000 tpa during the second phase and four lakh tpa during the third phase.

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