rediff.com

DCIL Wins Rs 2,000 Crore Dredging Contract in West Bengal

Share on:

By Rediff Money Desk, New Delhi   Jun 12, 2024 13:54

Dredging Corporation of India Ltd (DCIL) wins a Rs 2,000 crore contract for maintaining the Hooghly Estuary in West Bengal, ensuring smooth maritime operations.
DCIL Wins Rs 2,000 Crore Dredging Contract in West Bengal
New Delhi, Jun 12 (PTI) Dredging Corporation of India Ltd (DCIL) has secured a contract worth over Rs 2,000 crore from Syama Prasad Mookerjee Port Authority in West Bengal.

The contract is for maintenance of dredging in the Hooghly Estuary primarily in the shipping channel leading to Haldia Dock, DCIL said in a statement.

The value of the five-year contract is Rs 2,015.88 crore, the company said.

The Hooghly Estuary is a vital waterway for maritime trade, and maintaining its depth is essential for the safe passage of vessels to and from the Haldia Dock. The maintenance dredging is crucial for ensuring the navigability of the shipping channel, thereby facilitating smooth and efficient maritime operations in the region, it said.

DCIL Chairman Madhaiyaan Angamuthu said the company will meet the stringent requirements of the project.

Based in Visakhapatnam, Andhra Pradesh, DCI caters to dredging and allied services to ports, Indian Navy, fishing harbours and other maritime organisations.
Source: PTI
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

TODAY'S MOST TRADED COMPANIES

  • Company Name
  • Price
  • Volume

More »

Moneywiz Live!