Pipavav Shipyard Limited

Pipavav Shipyard project was originally conceived and implemented bySKIL Infrastructure Limited (SKIL).In September 2007,Punj Lloyd Limited (PLL) acquired a substantial stake in the Company, and now, both SKIL and PLL are co-promoters of the company. The shipyard is being constructed on 84.99 hectares (equivalent to 210 acres or 849,000 square meters) of land, adjoining 800 meters of dedicated waterfront. PSL has access to additional land in a nearby parcel of approximately 572 acres. Since additional land is acquiring formal approval for being converted into a Special Economic Zone, PSL will have the added advantage of being able to carry out some of its activities through a highly tax-efficient SEZ unit. A considerable part of the development activity has already been carried out. Infrastructure developed so far includes two large wet docks(wet basins) with a length of 680 meters each and widths of 65 meters and 60 meters. These wet basins are being converted into dry dock...