Mercator has emerged as the lowest bidder in its bids for two contracts having an estimated combined contract value of Rs 16 crore. Both the contracts would be executed in FY 2019.
The first contract is for Mormugao Port Trust for maintenance dredging at Mormugao Port areas where the company retains the contract for the straight 5th year in line and another is for Gujarat Maritime Board for maintenance dredging at Porbandar Port areas.
Mercator is one of India's largest private sector Dredging Company. The group has a presence in varied segments namely shipping, offshore services, oil exploration and production, dredging, coal mining/trading and logistics.
