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Tamil Nadu Cabinet approves shipyard project

Friday, 11 Jan 2008
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On 10 January 2008, Tamil Nadu Cabinet approved the setting up of an integrated ship building yard at Ennore in Chennai, with an investment of over Rs.2,000 crore.

Land for the project will be provided by Tamil Nadu Industrial Development Corporation and L&T will build large tonnage ships, of up to three lakh dwt, at the ship building yard.

TIDCO will have an equity stake in the project.

Also See:

L&T to built shipyard project in Chennai (26-Jun-07)

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