Mercator emerges lowest bidder for contracts worth Rs 16 cr

Mercator has emerged as the lowest bidder in its bids for the following contracts having an estimated combined contract value of Rs. 16 crore:

- Mormugao Port Trust for maintenance dredging at Mormugao Port areas where the Company retains the contract for the straight 5th year in line.

- Gujarat Maritime Board for maintenance dredging at Porbandar Port areas

Both of the above-mentioned contracts would be executed in FY 2019.

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