Dredging Corp secures Rs 88-cr contract from Cochin Port

Image
Press Trust of India New Delhi
Last Updated : Jan 11 2018 | 9:00 PM IST
Dredging Corporation of India Ltd (DCI) today said it has secured a Rs 88.51 crore contract for dredging of channels at Cochin Port.
DCI secured the contract through competitive bidding, the company said in a BSE filing.
DCI has been carrying out the maintenance dredging works at Cochin Port continuously since 2011-12.
"Cochin Port invited global tenders for maintenance dredging for the year 2017-18...DCI participated in bidding process....DCI stood as the lowest bidder with Rs 88.51 crore. Thereby successfully retaining the work in its order book for next year," it said.
The dredging at Cochin Port will be carried out throughout the year by deploying two dredgers, it added.
DCI said it is the only PSU in the dredging field in India and is securing all major contracts through open competitive bidding process.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 11 2018 | 9:00 PM IST

Next Story