Dredging Corp & Indian Oil Sign Fuel Deal
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Dredging Corp inks Rs 2,157 cr fuel supply deal with Indian Oil for 5 years, ensuring reliable fuel for dredging operations nationwide.
New Delhi, Apr 17 (PTI) Dredging Corporation of India on Friday said it has signed a fuel supply agreement with Indian Oil Corporation for a period of five years.
"The agreement values at Rs 2,157.07 crore and will ensure a steady and reliable fuel supply for the company's operations across the country," Dredging Corporation of India said in a statement.
Dredging Corporation of India has signed a Memorandum of Understanding (MoU) with Indian Oil Corporation Limited (IOCL) for the supply of fuel to its dredging fleet for a period of five years.
Visakhapatnam-based Dredging Corporation of India Ltd (DCIL) has five decades of experience in dredging operations, maritime infrastructure and inland waterways.
The company is looking to more than double its topline to Rs 3,000 crore in the next five years.
"The agreement values at Rs 2,157.07 crore and will ensure a steady and reliable fuel supply for the company's operations across the country," Dredging Corporation of India said in a statement.
Dredging Corporation of India has signed a Memorandum of Understanding (MoU) with Indian Oil Corporation Limited (IOCL) for the supply of fuel to its dredging fleet for a period of five years.
Visakhapatnam-based Dredging Corporation of India Ltd (DCIL) has five decades of experience in dredging operations, maritime infrastructure and inland waterways.
The company is looking to more than double its topline to Rs 3,000 crore in the next five years.
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