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Dredging Corporation of India retains Cochin Port maintenance dredging works

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Capital Market

With successful bid of Rs 88.51 crore

Dredging Corporation of India (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 during August 2017 which is one of the major maintenance Dredging projects in India. DCI participated in the bidding process. The Price bids were opened today - 11 January 2018 and DCI stood as the lowest bidder with Rs. 88.51 crore, thereby successfully retaining the work in its order book for next year. The Dredging at Cochin Port is to be carried out throughout the year by Deploying two Dredgers.

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First Published: Jan 11 2018 | 8:17 PM IST

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