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)