Cochin Shipyard has opened a new dry dock and the international ship repair facility (ISRF) in Kochi.

The dry dock, costing Rs 1,799 crore, is set up at the existing premises of CSL in Kochi. "It features heavy ground loading which will position India with advanced capabilities to handle strategic assets like future aircraft carriers up to 70,000 tonnes displacement as also large commercial vessels," it said in a press release.

The repair facility, costing Rs 970 crore, is set up in 42 acres of the Cochin Port Authority leased premises at Willingdon Island, Kochi.

The ISRF is equipped with a ship lift system with a capacity of 6,000 tonnes, a transfer system, six workstations and a berth of approximately 1,400 metres which can simultaneously accommodate 7 vessels of 130 metres in length.

Last month, the company signed a contract with the Ministry of Defence (MoD) for a value of Rs 488.25 crore. The work package included repair and maintenance of the equipment and systems onboard the naval vessel.