Shipbuilding Development Scheme - Brownfield Capacity Expansion

What it is

Help existing shipyards prepare a Brownfield Capacity Expansion DPR, establish financial closure, calculate the 25% capital assistance boundary and track milestone-based grant release.

What you get

• Brownfield shipyard expansion capital assistance

Who it is for

• the applicant is an existing Indian shipyard with the required operating history and current guideline eligibility
• the project expands, modernizes or upgrades shipbuilding or repair capacity and contains eligible items under Schedule I
• the applicant prepares a prescribed DPR and obtains IA/NSbM approval
• the applicant demonstrates complete financial closure for the approved project cost before the first grant instalment
• the project accepts third-party monitoring, completion certification, utilization and milestone reporting

Not eligible if

• new greenfield clusters belong to the separate Greenfield component
• capital assistance is calculated case-by-case on approved eligible project cost and is not a guaranteed maximum for every applicant
• a later project phase or expansion requires fresh application and appraisal
• the first instalment requires complete financial closure for the entire expansion
• unsupported land, ordinary working capital, ineligible assets or costs outside Schedule I cannot be assumed eligible
• sanction, grant release, monitoring and completion are conditional

How to apply

1. 1
   Confirm existing-shipyard eligibility

   Verify operating history, Indian registration and the distinction between brownfield expansion and the separate greenfield component.

   Official step
2. 2
   Prepare the DPR and eligible cost

   List the expansion, modernization and technology-upgrade items under Schedule I and prepare the approved-project-cost calculation.

   Official step
3. 3
   Close the funding plan

   Secure equity and debt commitments for the full project cost excluding the grant and obtain the required CA-certified funding plan.

   Official step
4. 4
   Apply and track four tranches

   Use the current IA/NSbM route and track 15%, 30%, 35% and 20% tranches against financial closure, progress, utilization and completion certification.

   Official step

Keep ready