Breaking News

You are here » Indian-Commodity  :  Top News  :  DCI bags contract worth Rs 102 crore from Mongla Port Authority

28-Jul2017

DCI bags contract worth Rs 102 crore from Mongla Port Authority

Dredging Corporation of India (DCI) has successfully bagged contract from Mongla Port Authority, Bangladesh for the capital dredging in Pussur Channel. The project involves dredging of around 3.88 Million cubic metres to be completed within 15 months at a cost of Rs 102.00 crore.

This is the first international contract bagged by DCI through an open global tender. The company has planned to commence the dredging work by September 2017 as per the project schedule. 

DCI is the premier dredging company in India and is the only PSU company offering dredging services. Established in 1976, the Company provides dredging and allied services to Ports, Indian Navy etc.


Related News

View all news

Crude oil futures end higher on Tuesday

After falling in previous session, Crude oil futures ended higher on Tuesday in the wake of a short-term disruption in Libyan output. Libya's national oil company has declared force majeure on exports......

Gold futures end lower on stronger dollar

Gold futures ended lower on Tuesday, as dollar extended gains to second straight session in line with a rebound in US yields and weakness of the pound amid still lingering uncertainty about Brexit. However,......

Copper futures end higher on Tuesday

Copper futures ended higher on Tuesday as investor appetite for riskier assets returned following a sell-off in the previous session. Boosting equities and metals were discussions between representatives......

Top News

View all news

NBCC receives LoA from Ministry of Skill Development and Entrepreneurship

NBCC (India) has received a Letter of Award (LoA) of work from Ministry of Skill Development and Entrepreneurship, Government of India for construction of office building i.e. Kaushal Bhawan at New Delhi.......

Phoenix Mills transfers its entire stake held in Insight to Island

Phoenix Mills has entered into a Share Purchase Agreement (SPA) with Insight Mall Developers, its wholly-owned subsidiary (Insight) and Island Star Mall Developers, its subsidiary (Island), for sale/disposal......

AGC Networks' arm incorporates subsidiary in New Zealand

AGC Networks' wholly owned subsidiary -- AGC Networks Australia Pty, Australia, has incorporated its subsidiary namely 'AGC Networks New Zealand' which is registered with the Registrar of Companies of......