India News | Dredging Corporation Gets Rs 156.50 Crore Contract from Cochin Port Authority
Get latest articles and stories on India at LatestLY. Dredging Corporation of India Limited (DCIL) has announced that it has been awarded the annual maintenance dredging contract by the Cochin Port Authority.
New Delhi [India], July 4 (ANI): Dredging Corporation of India Limited (DCIL) has announced that it has been awarded the annual maintenance dredging contract by the Cochin Port Authority. The contract is valued at Rs 156.50 crore for the year 2024-25 with a provision to extend for another year.
This reinforces DCIL's leadership in the dredging sector and its commitment to supporting India's maritime infrastructure.
As per DCIL "Dredging Corporation of India Limited a leader in the dredging industry has a proven track record of executing large-scale dredging projects with precision and efficiency. 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," DCIL said in a statement
Dr Madhaiyaan Angamuthu, IAS, Chairman, VPA/DCIL, said, "We are honored to have been selected by the Cochin Port Authority for this significant project. This contract is a testament to DCIL's capabilities and our unwavering commitment to delivering high-quality dredging services."
"We look forward to contributing to the continued success and operational efficiency of Cochin Port," he added. (ANI)
(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)