DCI wins Rs. 141-cr port contract

    Dredging Corporation of India (DCI)
    Adding to its project portfolio in the port sector, Dredging Corporation of India (DCI) has recently bagged the contract of maintenance dredging of Mumbai Port Trust. According to an official press statement 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 Rs 141.06 crore for 3 years. 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. The project is estimated to be completed by 2020-21 and the project would not only speed up the operation of goods and coaching trains, but also provide additional capacity for meeting the increase in traffic in future. The section is heavily passenger oriented which also serve the goods traffic from nearby ports. Operations from Vizhinjam port is likely to start by 2019 and 30% of its gateway traffic, is likely to be handled by the Railways.
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