Kolkata Port awarded a Rs 2,016 crore dredging contract to Dredging Corporation of India for Hooghly Estuary maintenance.
Kolkata Port awarded a Rs 2,016 crore, five-year dredging contract to Dredging Corporation of India (DCIL) for maintenance work in the Hooghly Estuary, ensuring safe passage for vessels at Haldia Dock. The contract win boosted DCIL's share price by 10% to Rs 1050.75. The dredging is essential for the navigability of the shipping channel and maritime operations in the region.
June 11, 2024
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