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Mazagon Dock Proposes Anchor Investment for 29,000 Crore Andhra Shipbuilding Project

Newsmantra — Mon, 08 Jun 2026 13:44:43 +0000

MUMBAI. Mazagon Dock Shipbuilders Limited, India’s leading defense shipyard, has expressed strong interest in becoming the anchor investor for an ambitious 29,253 crore rupee mega shipbuilding cluster at Dugarajapatnam in the Tirupati district of Andhra Pradesh. The massive greenfield project spans nearly 2,000 acres and targets an annual capacity of 1.2 million gross tonnage, significantly boosting the country’s maritime sector and self-reliance goals. Under the proposed development framework, the government will contribute 5,289 crore rupees for land and marine infrastructure, while the anchor investor will fund 23,964 crore rupees for core shipbuilding facilities. A 50:50 joint venture named National Shipbuilding and Heavy Industries Park Andhra Pradesh Limited has already been established between the Andhra Pradesh Maritime Board and the Visakhapatnam Port Authority to oversee and execute the project.

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Dredging Corporation has entered into 22 MoUs with 16 organisations worth Rs. 17645 Cr

Newsmantra — Mon, 03 Nov 2025 07:08:26 +0000

DCIL operates under a consortium of four major ports – Visakhapatnam Port Authority (VPA), Paradip Port Authority (PPA), Jawaharlal Nehru Port Authority (JNPA), and Deendayal Port Authority (DPA) – functioning under the aegis of the Ministry of Ports, Shipping & Waterways (MoPSW). These MoUs were entered with following ports and reputed organisation and industry majors:-

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Chairperson, Visakhapatnam Port Authority and Dredging Corporation of India visits SAIL, Rourkela Steel Plant

Newsmantra — Mon, 13 Jan 2025 09:58:44 +0000

Dr. Madhaiyaan Angamuthu, IAS, Chairperson, Visakhapatnam Port Authority and Dredging Corporation of India visited SAIL, Rourkela Steel Plant on 11^th January 2025. On his arrival at Rourkela House he was extended a warm welcome by Mr. Tarun Misra, ED (HR) in the presence of other Senior Officers of the Plant.

In the afternoon Dr. Madhaiyaan Angamuthu along with other Senior Officers of Visakhapatnam Port Authority, Dredging Corporation of India, visited Blast Furnace – V and New Plate Mill of RSP. They were accompanied by Mr. Tarun Misra. The CGMS and HODs received the dignitaries at their respective Departments and briefed them about the status of the unit and the process of steel making with special features.

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