APJ Bharti, Essar keen to build shipyards in West Bengal

APJ Bharti, Essar keen to build shipyards in West Bengal
PTI
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First Published: Tue, Sep 18 2007. 03 20 PM IST
Updated: Tue, Sep 18 2007. 03 20 PM IST
Kolkata: Shipbuilding companies APJ Bharti Shipyard and Essar have expressed interest in setting up two shipyards in West Bengal.
Principal industry secretary Sabyasachi Sen said the representatives of the two companies had made presentations to the state government in this regard.
Each shipyard would require around 400 acres of land, he said, adding that the companies had been asked to identify the plots.
The companies had been also asked to submit rehabilitation packages for the land losers, Sen said.
He said that the approximate investment for the APJ Bharti project would be around Rs2,000 crore.
Essar, however, was yet to submit the financial details.
Sen said that the companies would have to directly purchase the required land and the state government would facilitate the process.
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First Published: Tue, Sep 18 2007. 03 20 PM IST