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Mercator emerges as lowest bidder for maintenance dredging contract

20 Dec 2018 Evaluate

Mercator has emerged as the lowest bidder in its bid for maintenance dredging of 7 million CUM quantity for 3 years at Paradip Port vide tender floated by Paradip Port Trust. The contract value of this job is around Rs 167.61 crore which is expected to be completed over the next 36 months.

The company's dredging division has successfully been executing maintenance dredging work for Paradip Port Trust for more than a decade.

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.

Mercator Share Price

0.84 0.00 (0.00%)
10-Mar-2023 18:02 View Price Chart
Peers
Company Name CMP
Shipping Corpn. 299.00
GE Shipping 1449.10
Dredging Corp 967.45
Seamec 1523.15
Shreeji Ship.Global 364.55
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