Infrastructure sector projects by Reliance Infrastructure Ltd in Near Rambilli
Project Information
6928
Reliance Infrastructure Ltd
The Reliance Group will set up a world-class naval shipbuilding facility for strategic platforms at Rambilli near here with an investment of Rs.5,000 crore.
The group, which has hinted at a total investment of up to Rs.10,000 crore in this segment, entered into a Memorandum of Understanding (MoU) with Andhra Pradesh Government here on Sunday. Reliance Defence, a wholly-owned subsidiary of Reliance Infrastructure, will implement the project.
This was announced by its Chairman Anil D Ambani at the inaugural session of the AP Partnership Summit.
The proposed investment in Rambilli, located in 70 km south of Visakhapatnam, is the largest investment by any company at a single location in Andhra Pradesh.
“Given its critical location from a geo-political and strategic perspective on the East coast, and its proximity to India’s naval establishment, including the Coast Guard, and BARC, Vizag is ideally suited for the manufacture of strategic assets such as nuclear sub-marines and aircraft carriers, critical areas of naval defence capability where we need to catch up with the rest of the world,” Ambani said.
Project Value
INR 5000 Crore /-
MoU Signed
Near Rambilli
Andhra Pradesh
India
Infrastructure
Disclaimer :
We takes all possible care for accurate & authentic tender information, however Users are requested to refer Original source of Tender Notice / Tender Document published by Tender Issuing Agency before taking any call regarding this tender.
