"The project involves dredging of around 11 million cum at an estimated cost of Rs 141.06 crore for three years," DCI said in a filing to the BSE.
It said it emerged as the lowest bidder in a tender invited by Mumbai Port Trust for maintenance of dredging works for three years from 2017-18 in a stiff competition with an international company.
The company said Port Trust is expected to issue the work order soon.
DCI has recaptured the maintenance dredging work after almost a decade at Mumbai Port, the PSU added.
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