Dredging Corporation of India (DCI) Limited has bagged the contract of ‘maintenance dredging’ of Mumbai Port Trust. According to an official press release from the mini-ratna dredging PSU here on Tuesday, DCI had participated in a tender invited by Mumbai Port Trust (MbPT) for ‘maintenance dredging’ work for three years from 2017-18.
The project involves dredging of around 11 million cum at an estimated cost of ₹ 141.06 crore for 3 years. DCI stood L1 in a stiff competition among international companies and quoted a cost of ₹ 83.99 crore.
Mumbai Port Trust is expected to issue the work order soon. DCI had re-taken the maintenance dredging work at Mumbai Port after almost a decade.