MUMBAI - State-run Mazagon Dock Shipbuilders Ltd is weighing plans to build a greenfield shipyard with a floating dry dock at Nhava Sheva, located across the channel where it currently operates, estimated to cost some Rs 3,000 crores to overcome capacity constraints, the top official at India’s biggest warship builder has said. “Mazagon Dock is seriously constrained by the number of dry docks that we have,” Vice Admiral Narayan Prasad (Indian Navy Retd), CMD- MDL said recently. “We have 37 acres of land adjacent to the Nhava Sheva port (Jawaharlal Nehru Port) on the other side of the channel, which we are trying to convert into a greenfield shipyard with a floating dry dock,” the CMD said. “The land has deep water, and the only thing is it needs an investment of about Rs3,000 crore to develop all the infrastructure facilities”. “And once the business volume is available from whatever projects we are trying, if the letter of intent (LoI) is shared with us, I am good to go with that. We have the money, the initial study has been undertaken, it will have its own gestation period, but we can go ahead with it,” he said.