Mazagon Dock Shipbuilders Limited (MDL) on Tuesday announced a Memorandum of Understanding (MoU) with Guidance Tamil Nadu, the state’s nodal agency for investment to explore the development of a “world-class” greenfield shipyard on India’s eastern coast.
The MoU was singed on September 19 between Biju George, Director (Shipbuilding), MDL, and Dr Darez Ahamed, Managing Director & CEO, Guidance Tamil Nadu, during a ceremony organised by the Ministry of Ports, Shipping and Waterways (MoPSW) at Bhavnagar, Gujarat.
The event was attended by Sarbananda Sonowal, Union Minister of MoPSW, Ministry of Defence said in a press release.
MDL is a Defence Public Sector Undertaking under the Ministry of Defence