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Garden Reach Shipbuilders & Engineers: Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements

This is to inform that the Garden Reach Shipbuilders & Engineers Limited has signed Concessional Agreement with Syama Prasad Mookerjee Port Kolkata (SMPK) for utilizing 03 Nos. Kidderpore Dry Docks along with its associated facilities today on 07 Oct 21. The concessional agreement will be for 15 years which is further extendable for another 15 years. This facility will be utilized for Ship repair and refit activities for Naval & Coast Guard Ships Port Trust Vessels as well as Commercial Ships. As per the Concessional Agreement the profit generated will be shared equally between GRSE and SPMK

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