Russian “United Shipbuilding Corporation” (USC) intends to buy out large Indian private shipyard Reliance Naval and Engineering Ltd (RNEL or RNAVAL), located in Pipavava (Gujarat). As the Indian media write, USC is the only serious contender in the tender for the purchase of a shipyard.
According to published data, shipyard, long-term loss-making, was put up for sale in late May, and the tenders themselves were scheduled for 27 June, however did not take place due to “low interest of market participants”. New date is now called 27 July, however, the same five applicants submitted applications for participation in the competition, including USC. Three small Indian companies and a Danish container shipping company also participate in the competition., located near the shipyard and not hiding, that the territory of the shipyard is needed only to expand the territory of the port.
According to 2019 year, shipyard debt was approximately 1,6 billion. dollars.
USC itself does not deny interest in the Indian shipyard with which the company has long-standing ties. In the 2000s, Indians collaborated with a Russian company “Northern PKB” in designing a patrol ship. December 2010 years PDOE entered into a cooperation agreement with “Rosoboronexport” on the joint promotion of warships of Russian projects on the markets of India and third countries. Besides, there were several more joint projects.
Currently, the shipyard is the largest shipbuilding company in India., having a huge building dry dock long 662 m and width 65 m, capable of accommodating ships of any size. The dock is equipped with two 600-ton large Goliath cranes 1200 tonnes. There is also a site for the construction of offshore oil and gas platforms of size 750 on 265 m, outboard berth in 300 m and outfitting embankments long 720 m. is approved, that shipyard capacities allow processing up to 12 thousand tons of steel per day.
