Garden Reach Shipbuilders & Engineers has signed concessional agreement with Syama Prasad Mookerjee Port, Kolkata (SMPK) for utilizing 03 Nos. Kidderpore Dry Docks along with its associated facilities October 07, 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 company and SPMK.
Garden Reach Shipbuilders & Engineers is a shipbuilding company in India under the administrative control of the MoD and primarily adhere to the shipbuilding requirements of the Indian Navy and the Indian Coast Guard.