Anchor Shipyard(s) for Greenfield Shipbuilding Industrial Cluster

Publication / Issue of EoI

EoI issued on 08.07.2026 at 06:00 PM.

• Date of Issue of EoI: 08.07.2026, 06:00 PM.

Query / clarification deadline

Last date for submission of queries/clarifications is 20.07.2026 at 12:00 PM.

Pre-EoI meeting

Pre-EoI meeting is scheduled on 21.07.2026 at 12:00 PM at MMB Ballard Estate, Mumbai.

• Venue: Maharashtra Maritime Board, 2nd Floor, Indian Mercantile Chambers, 14, Ramji Bhai Kamani Marg, Ballard Estate, Mumbai – 400 001.

EoI response submission deadline

Last date and time for submission of EoI response is 30.07.2026 at 12:00 PM.

• Physical submission address is MMB, 2nd Floor, Indian Mercantile Chambers, Ballard Estate, Mumbai – 400 001.
• Documents do not state a separate EoI opening date/time.

Validity of EoI response

EoI response remains valid for 180 days from the last date of submission.

• Form 1 restates validity as one hundred and eighty (180) days from the last date of submission.

Tender processing fee

Tender Processing Fee is 11,200/-; documents do not prescribe payment mode, beneficiary or GST treatment.

• Fee is listed in Section 8 / tender notice as 'Tender Processing Fee | 11,200/-'.
• Misrepresentation, anti-collusion breach or fraud can lead to forfeiture of the processing fee.
• No EMD/bid security amount, instrument form or validity is stated in the EoI documents.

Minimum investment commitment

Applicant must demonstrate capability to mobilise minimum investment of INR 7500 crore for the Shipyard (Form 8).

• Evidence may be Letter of Comfort / LoI / Sanction-in-Principle (or equivalent) from a recognised lender; and/or certified Board/Shareholders' Resolution for equity/promoter funding; and/or other evidence acceptable to NSHIPML.
• Technical scoring awards 12 marks for INR 7,500 Cr commitment; every additional INR 1,300 Cr scores 4 marks, max 28 marks under Parameter C.

Financial eligibility thresholds

Minimum average annual turnover INR 2,250 crore (3 years) and minimum net worth INR 2250 crore.

• Turnover: minimum average annual turnover of INR 2,250 crore during the preceding three completed financial years, per audited financial statements.
• Net Worth: Minimum INR 2250 crore as on the last day of the most recently completed financial year.
• Net Worth = subscribed and paid-up equity share capital + reserves, less revaluation reserves, miscellaneous expenditure not written off, and reserves not available for distribution to equity shareholders.

Lease / charges and capital assistance position

Selected Anchor pays lease rental, service charges and other NSHIPML charges; Capital Assistance under SbDS is not available to the Anchor for yard-specific facilities.

• Indicative Heads of Terms: lease tenure 60 years (extendable by mutual consent); lease consideration is nominal lease rental plus service charges for common infrastructure O&M; land cost not included in the lease.
• Development Reserve Fund: marginal overhead charge by NSHIPML for future maintenance/development.
• Anchor bears full cost of yard-specific infrastructure, equipment and operations.
• Selection as Anchor does not entitle claim to Capital Assistance/grant from GoI; Capital Assistance is available only to NSHIPML as SPV for Eligible Items.

EMD / performance security

No EMD/bid security or performance security amount is prescribed at EoI stage.

• Section 10.5 refers generically to forfeiture of 'any processing fee/security deposit' for fraud/corrupt practices, but no security deposit quantum or instrument is specified in the EoI.

Permitted applicant types

Indian companies, JV/consortium (Lead ≥51%), foreign shipbuilders/JVs (subject to FDI/Companies Act), and Central Government entities/PSUs are eligible.

• a. Company incorporated in India under Companies Act, 2013 (or predecessor); or
• b. Consortium/JV of such companies with Lead Member holding minimum 51% equity in the proposed Shipyard entity; or
• c. Foreign shipbuilding company or JV involving a foreign entity, subject to extant FDI Policy, Companies Act 2013 and applicable laws; or
• d. Central Government entity (including PSU) independently or as part of a JV.
• Applicants may apply individually or as a JV/consortium (Section 5.3(d)).

JV / consortium rules

Lead Member minimum 51% equity; technical eligibility collective; financial eligibility collective only if Lead meets ≥51% of each financial criterion; joint and several liability.

• Duly executed consortium agreement delineating roles, responsibilities and equity is mandatory.
• Technical Eligibility (Section 6.2) may be satisfied collectively by JV/Consortium members.
• Financial Eligibility (Section 6.3) may be satisfied collectively provided Lead Member individually satisfies not less than 51% of each prescribed Financial Eligibility Criterion.
• Each member must individually satisfy non-blacklisting and solvency conditions (Section 6.4).
• Post selection, NSHIPML approval required for any change in consortium composition or equity structure.

Technical eligibility — shipbuilding experience

Successfully completed construction and delivery of vessels aggregating not less than 4,00,000 GT in the preceding 10 years.

• Reference period: preceding ten (10) years ending on the last month immediately preceding the month in which this EoI is issued.
• For JV/consortium, criterion may be satisfied collectively (Form 4 note).
• Vessels at ≥90% physical completion but not delivered may count only for evaluation/scoring, not for minimum Technical Eligibility under Section 6.2.

Financial eligibility — turnover, net worth, investment mobilisation

Avg. turnover ≥ INR 2,250 crore (3 years); net worth ≥ INR 2250 crore; and mobilisation capability for ≥ INR 7500 crore investment.

• See keyFinancials for exact thresholds and investment evidence options.
• Foreign-entity figures convert to INR at RBI reference rate on the last day of the relevant financial year (Form 3 CA certificate).

Blacklisting, insolvency and authorisation

Applicant/members/promoters/directors must not be blacklisted/debarred; applicant must not be in insolvency/liquidation; authorised signatory via board resolution/PoA required.

• Non-blacklisting covers any Ministry/Department of GoI, any State Government, or any PSU.
• Insolvency bar covers IBC 2016 proceedings or analogous home-jurisdiction proceedings.
• Board resolution/power of attorney must authorise the signatory to submit the EoI and bind the Applicant/consortium.

Minimum capacity commitment (onboarding obligation)

At least one onboarded Anchor must possess/commit design capacity of minimum 0.5 million GT per annum within 10 years of commissioning.

• Also required: technical inputs for Cluster DPR; binding non-divestment undertaking for 10 years from project completion except with prior written NSbM approval.

What is being procured

Identification and onboarding of one or more Anchor Shipyard(s) to set up/operate shipbuilding and ship-repair facilities in the Greenfield Shipbuilding Industrial Cluster at Dighi, Raigad, Maharashtra.

• Issued by National Shipbuilding & Heavy Industries Park Maharashtra Ltd. (NSHIPML), 50:50 SPV of MMB and Mumbai Port Authority (MbPA).
• Purpose is commercial onboarding of Anchor Shipyard(s), not procurement of construction works by NSHIPML under this EoI.

Anchor Shipyard scope and location

Selected Anchor establishes/expands/operates a shipyard at Dighi including all yard-specific marine and landside infrastructure at its own cost.

• Yard-specific works include dry docks, slipways, ship-lifts, fabrication areas, utilities and ancillary systems.
• Site coordinates: Dighi 18°14'29'N, 72°58'54'E.
• Anchor must comply with MoPSW Guidelines for Greenfield Shipbuilding Cluster Development under SbDS (Letter No. SY-13017/2/2024-SBR dated 26 December 2025), as amended.
• NSHIPML develops common maritime/landside infrastructure and leases land/common assets; Anchor invests in yard-specific facilities commercially.

Capacity, timeline and post-selection deliverables

Minimum design capacity 0.5 million GT/year within 10 years of commissioning; post-selection MoU, investment confirmation, DPR inputs and non-divestment undertaking.

• After LoI: execute MoU substantially on Annexure B Heads of Terms; furnish binding board resolution-backed Letter/EoI confirming investment commitment; provide technical inputs for Cluster DPR (parcel-wise layout, capacity, facilities); submit non-divestment undertaking before Final Approval by NSbM.
• Indicative lease tenure: 60 years for main yard parcel, extendable by mutual consent.
• If multiple Anchors: highest-ranked has first right to select a parcel.

Cluster sizing context from TEFS (indicative)

TEFS preliminary sizing for Dighi primary shipyard land is about 550 acres near waterfront (including contingency), with total preliminary CAPEX ≈ ₹33,766 crore including land.

• Primary shipyard land area (near waterfront): ship repair 170 ac, shipbuilding 250 ac, contingency 130 ac; total 550 ac (≈223 ha).
• Preliminary CAPEX subtotal ≈ ₹33,409 Cr + land acquisition ≈ ₹357 Cr = total ≈ ₹33,766 Cr (AACE Class 5).
• TEFS excludes infrastructure costs to be developed by operators (buildings, plant/equipment, roads/paving etc.).
• TEFS and Guidelines are uploaded with the EoI on MahaTender for information; DPR is still under preparation.

Submission mode and place

Submit one original hard copy in sealed envelope plus one soft copy (PDF) to MMB Ballard Estate, Mumbai by 30.07.2026 12:00 PM.

• Address: Maharashtra Maritime Board, 2nd Floor, Indian Mercantile Chambers, 14, Ramji Bhai Kamani Marg, Ballard Estate, Mumbai – 400 001.
• EoI documents/TEFS/Guidelines are hosted on Maharashtra e-Tender Portal (MahaTender), but Section 8 requires hard + soft copy submission (not online-only portal bid).
• All documents in English; other languages need notarised English translation.
• Incomplete or unsigned applications are liable to rejection at responsiveness check.

Signing and attestation rules

Authorised signatory must be empowered by board resolution/PoA; forms require signature with seal; PoA must be notarised (foreign instruments apostilled/legalised).

• Form 5 PoA: non-judicial stamp paper of appropriate value and notarised; foreign entities may use equivalent instrument valid under home law, duly apostilled/legalised.
• Forms 1–4, 6–8: on letterhead of Applicant/Lead Member (and specified members where noted), signed by authorised signatory with seal.
• Form 3 CA/auditor certificate required in original.
• Currency of financial figures: INR unless otherwise specified.

No corrigendum / addendum issued

The downloaded tender set contains no corrigendum or addendum; original EoI/NIT dates and conditions currently apply.

• Document pack comprises Tendernotice_1.pdf, EOI.pdf, Greenfield_Guidelines.pdf and TEFS.pdf only.
• Final applicable key values remain those in EOI Section 8: issue 08.07.2026; queries 20.07.2026 12:00 PM; pre-EoI 21.07.2026 12:00 PM; submission 30.07.2026 12:00 PM; validity 180 days; processing fee 11,200/-.

Form 8 cross-reference cites wrong financial section

Form 8 header cites Sections 6.3.2 and 9.2, but investment commitment is Section 6.3.3; Form body correctly cites 6.3.3.

• Section 6.3.2 is Net Worth; Section 6.3.3 is Investment Commitment.
• Bidder action: follow Section 6.3.3 and the Form 8 body for investment mobilisation evidence; treat header reference as a drafting error.

JV financial eligibility drafting incomplete ('either' with one limb)

Section 6.1.1(d) says financial criteria 'may be satisfied either' but only lists collective satisfaction with Lead ≥51%; no second alternative is printed.

• Practical reading from printed text: collective satisfaction is allowed only if Lead Member individually satisfies not less than 51% of each financial criterion.
• Seek pre-bid clarification whether sole-member satisfaction by Lead alone, or other combinations, are intended.

TEFS CAPEX includes dry docks/shiplift while Anchor must fund yard-specific works

TEFS total CAPEX (~₹33,766 Cr) includes dry docks, shiplift, main cranes etc., but EoI/Guidelines assign yard-specific infrastructure cost entirely to the Anchor and Capital Assistance only to SPV Eligible Items.

• EoI Section 5.2 / 10.2 and Guidelines: Anchor bears yard-specific cost; no Capital Assistance for yard-specific facilities.
• TEFS Table 4-1 includes dry docks ≈9,786 Cr, shiplift/transfer/dry berths ≈5,450 Cr, main cranes ≈3,830 Cr within cluster CAPEX, while also stating operator infrastructure is excluded.
• Bidder should clarify which CAPEX items are SPV common infrastructure vs Anchor yard investment for the INR 7,500 Cr commitment.

How must the ₹11,200 processing fee be paid and evidenced?

Documents state the fee amount but not mode, beneficiary, GST, portal payment path or whether proof must be enclosed.

• Ask for payment instrument (DD/NEFT/portal), beneficiary bank details, GST invoice, and whether non-payment/late payment is auto-reject.

What is the land parcel size and allotment process for each Anchor?

Multi-anchor parcel selection is by merit rank, but acreage per parcel, lease area, and TEFS 550-acre primary yard split are not fixed in the EoI.

• Seek parcel maps, minimum/maximum leaseable acres, and whether Form 8 land requirement can be constrained later by NSHIPML.

Which costs count toward the INR 7,500 crore investment commitment?

Clarify whether commitment covers only yard-specific works or any share of common marine infrastructure shown in TEFS CAPEX.

• Material for pricing, lender comfort letters and scoring under Parameter C.

What are the commercial lease rental / service charge parameters?

Annexure B only says 'nominal lease rental plus service charges' and Development Reserve Fund; no rate card or formula is given.

• Ask for indicative rates, escalation, payment commencement, and whether terms can be negotiated before MoU/Concession Agreement.
• Section 10.7 says terms finalised in consultation but NSHIPML decision is final.

How is JV financial eligibility intended to operate?

Section 6.1.1(d) uses 'either' but prints only the collective + Lead 51% option; confirm permitted combinations.

• Also confirm whether foreign member financials and home-currency conversions are accepted without an Indian co-applicant at EoI stage.

What is the common-infrastructure readiness timeline relative to Anchor commissioning?

Annexure B requires Anchor works in parallel with NSHIPML common infrastructure milestones, but no cluster construction schedule is locked in the EoI.

• Material for the 10-year capacity ramp-up, investment phasing and interface risk.

Full yard investment risk with no Capital Assistance to Anchor

Anchor must fund all yard-specific infrastructure/operations and commit at least INR 7,500 crore; GoI Capital Assistance under SbDS goes only to SPV Eligible Items.

• Selection does not create any claim to grant/financial commitment from GoI for yard facilities.
• Lease still payable (nominal rental + service charges + Development Reserve Fund) while Anchor carries production CAPEX.

One-sided process and contract finalisation rights

NSHIPML may accept/reject any response, annul process before LoI, modify eligibility/evaluation, and finalise MoU/Concession terms at its discretion.

• Applicants bear all preparation costs; no claim against NSHIPML/MMB/MbPA/NSbM/GoI for exercise of reservation rights.
• Indicative Heads of Terms are non-binding commercial outline only.

Ten-year non-divestment lock and capacity commitments

Selected Anchor is locked against divestment/transfer/lease/repurposing for non-shipbuilding use for 10 years from project completion, and capacity/investment stated in Form 8 feed MoU and evaluation.

• Form 8 declaration: design capacity, timeline and investment shall not be diluted without prior written NSHIPML consent.
• Exit/RoFR for stressed assets may be included at NSHIPML discretion (Annexure B).

Interface / schedule risk with unfinished cluster planning

TEFS is preliminary and DPR is still under preparation; Anchor works must proceed in parallel with SPV common infrastructure milestones.

• Site readiness, statutory clearances, land acquisition and common marine works timing can delay Anchor commissioning and 0.5 MGT ramp-up.
• TEFS CAPEX is AACE Class 5 with large contingency and excludes operator buildings/plant.

Pass/fail documentation and fee-forfeiture exposure

Incomplete/unsigned responses can be rejected; fraud, collusion or misrepresentation can forfeit processing fee and lead to debarment.

• High documentary burden: audited financials, vessel delivery proofs, investment mobilisation evidence, notarised PoA.
• No EMD is stated, so cash exposure at EoI stage is primarily the processing fee plus bid preparation cost, but later MoU/concession securities are not yet quantified.

High entry barriers and concentrated selection discretion

Eligibility thresholds (0.4 MGT delivered, INR 2,250 Cr turnover/net worth, INR 7,500 Cr investment) plus sole-discretion selection create bid/no-bid concentration risk.

• Scoring heavily weights proposed capacity (40) and investment mobilisation (40) over past GT experience (20).
• Tie-break favours higher Parameter A (past GT).

Inviting authority

EoI is issued by National Shipbuilding & Heavy Industries Park Maharashtra Ltd. (NSHIPML), SPV of MMB and Mumbai Port Authority.

• NSHIPML is a 50:50 SPV between Maharashtra Maritime Board (State) and Mumbai Port Authority (GoI).

Nodal officer / EoI contact

Capt. Praveen Khara, Chief Port Officer, MMB; email [email protected].

• Form 1 is addressed to The Chief Ports Officer, Maharashtra Maritime Board.
• Grievances on EoI process may be addressed in writing to the Nodal Officer named in Section 8.

Physical submission and pre-EoI meeting address

Hard-copy submission and pre-EoI meeting at MMB, 2nd Floor, Indian Mercantile Chambers, 14, Ramji Bhai Kamani Marg, Ballard Estate, Mumbai – 400 001.

• This is the address that receives the sealed original hard copy (plus soft copy PDF).