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Dredging Corporation of India bags order worth Rs 156.50 crore

04 Jul 2024 Evaluate

Dredging Corporation of India (DCIL) has bagged annual maintenance dredging contract from the Cochin Port Authority. The contract, valued at Rs 156.50 crore, for the year 2024-25 with a provision to extend for another one year. This reinforces DCIL's leadership in the dredging sector and its commitment to supporting India's maritime infrastructure.

The award of this contract to DCIL underscores Cochin Port Authority commitment to maintaining high standards of maritime infrastructure. This maintenance dredging contract includes dredging of the Cochin Port's outer channel, approach channel, ICTT Basin, LNG Basin Channels (Erankulam Channel & Mattancherry Channel) & other areas of Cochin Port ensuring the port remains navigable for vessels of various sizes. This operation is crucial for the port's functionality, enabling seamless and efficient maritime trade activities.

Dredging Corporation of India is engaged in providing the services of capital dredging, maintenance dredging, beach nourishment, land reclamation, shallow water dredging, project management consultancy, marine construction.

Dredging Corp Share Price

976.65 4.30 (0.44%)
17-Apr-2026 16:59 View Price Chart
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