DCIL bags Rs 2,015 cr dredging contract
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![DCIL bags Rs 2,015 cr dredging contract DCIL bags Rs 2,015 cr dredging contract](https://www.bizzbuzz.news/h-upload/2024/06/11/1914192-dcil.webp)
Visakhapatnam: The Syama Prasad Mookerjee Port Authority (SMPA) has awarded the maintenance dredging contract for the Hooghly Estuary, primarily in the shipping channel leading to Haldia Dock, to Dredging Corporation of India Limited (DCIL).
The contract valued at Rs 2015.88 crore is for a duration of five years. The maintenance dredging is crucial for ensuring the navigability of the shipping channel, thereby facilitating smooth and efficient maritime operations in the region. The Hooghly Estuary is a vital waterway for maritime trade, and maintaining its depth is essential for the safe passage of vessels to and from the Haldia Dock.
DCIL, a leader in the dredging industry, has a proven track-record of executing large-scale dredging projects with precision and efficiency. The awarding of this contract to DCIL underscores SMPA's commitment to maintaining high standards of maritime infrastructure and ensuring the seamless flow of trade through the Hooghly Estuary.
Dr Madhaiyaan Angamuthu, Chairman, Visakhapatnam Port Authority (VPA) and DCIL and Durgesh Dubey, Deputy Chairman, VPA & MD & CEO, (additional charge), DCIL have expressed their gratitude and said, "We are honored to be awarded this prestigious contract by SMPA. Our team is committed to delivering high-quality dredging services that meet the stringent requirements of the project. We look forward to contributing to the continued success of the Hooghly Estuary and the Haldia Dock."