Reliance Defence and Engineering has signed Sub-Concession Agreement (SCA) with Gujarat Maritime Board and Gujarat Pipavav Port at Gandhinagar, Gujarat. The SCA is for a period of 30 years expiring in June 2046 and the said term of SCA may be further extended.
The SCA inter alia grants sub-concession, right and authority to Reliance Defence and Engineering to build, operate and manage Defence / Commercial Shipyard Activities on the terms and conditions mentioned therein.
Reliance Defence and Engineering is engaged in defence, offshore, marine and engineering sectors. The company has two units, one special economic zone (SEZ) unit and another export oriented unit (EOU).
Company Name | CMP |
---|---|
Shipping Corpn. | 259.75 |
GE Shipping | 1159.90 |
Dredging Corp | 1130.55 |
Shreyas Shipping | 327.95 |
Seamec | 1107.00 |
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