+
Adani secures dredging project at Kandla port
PORTS & SHIPPING

Adani secures dredging project at Kandla port

Adani Ports and Special Economic Zone Ltd (APSEZ) has bagged a dredging contract worth Rs 310 crore from government-run Deendayal Port Trust in Kandla, Gujarat.

APZEZ emerged as the lowest bidder on a tender floated by Deendayal Port Trust by placing a price bid of Rs 310 crore for the three-year deal. APSEZ was awarded the work contract on March 10.

The port major's price quotation was 21% lower than the Rs 393 crore estimated by Deendayal Port Trust for the work.

Dredging Corporation of India Ltd (DCI), owned by four major port trusts, including Deendayal Port Trust, quoted Rs 387.89 crore for the work, just 1% lower than the port trust's estimates.


4th Indian Cement Review Conference 2021

17-18 March 

Click for event info


Ports located on India's western coast, such as Deendayal, are prone to silting and need annual maintenance dredging to help in the smooth movement of ships.

In July last year, the tender was issued to finalise a new three-year dredging contract, mostly for maintaining the port's channel at the prevailing water depth, when the term of the existing three-year deal given to Van Oord India Pvt Ltd ended.

The security clearance for the key requirements of the bidders before awarding dredging works in ports was delayed by several months and was finally granted in early March.

The previous three-year dredging work was carried out by Van Oord India Pvt Ltd, the Indian unit of Dutch dredging firm Van Oord Dredging and Marine Contracting Co, for Rs 347 crore.

Image Source


Also read: IHC Holland to share dredging tech with Cochin Shipyard

Also read: Adani Ports market cap crosses Rs 1 trillion mark

Also read: Gujarat govt, Adani sign pact for multi-modal logistics park

Adani Ports and Special Economic Zone Ltd (APSEZ) has bagged a dredging contract worth Rs 310 crore from government-run Deendayal Port Trust in Kandla, Gujarat. APZEZ emerged as the lowest bidder on a tender floated by Deendayal Port Trust by placing a price bid of Rs 310 crore for the three-year deal. APSEZ was awarded the work contract on March 10. The port major's price quotation was 21% lower than the Rs 393 crore estimated by Deendayal Port Trust for the work. Dredging Corporation of India Ltd (DCI), owned by four major port trusts, including Deendayal Port Trust, quoted Rs 387.89 crore for the work, just 1% lower than the port trust's estimates.4th Indian Cement Review Conference 202117-18 March Click for event info Ports located on India's western coast, such as Deendayal, are prone to silting and need annual maintenance dredging to help in the smooth movement of ships. In July last year, the tender was issued to finalise a new three-year dredging contract, mostly for maintaining the port's channel at the prevailing water depth, when the term of the existing three-year deal given to Van Oord India Pvt Ltd ended. The security clearance for the key requirements of the bidders before awarding dredging works in ports was delayed by several months and was finally granted in early March. The previous three-year dredging work was carried out by Van Oord India Pvt Ltd, the Indian unit of Dutch dredging firm Van Oord Dredging and Marine Contracting Co, for Rs 347 crore. Image Source Also read: IHC Holland to share dredging tech with Cochin Shipyard Also read: Adani Ports market cap crosses Rs 1 trillion mark Also read: Gujarat govt, Adani sign pact for multi-modal logistics park

Next Story
Infrastructure Urban

India to Invest Rs 600 Billion to Upgrade 1,000 ITIs

As part of its drive to modernise vocational training, the Ministry of Skill Development and Entrepreneurship (MSDE), in collaboration with Gujarat’s Labour and Employment Department, held a State-Level Workshop at the NAMTECH Campus within IIT-Gandhinagar to discuss the National Scheme for ITI Upgradation.The consultation brought together key stakeholders from industry and the training ecosystem to align expectations and support implementation of the scheme, which aims to transform 1,000 Industrial Training Institutes (ITIs) across India using a hub-and-spoke model. The total outlay stands ..

Next Story
Infrastructure Urban

India Unveils Rs 600 Billion Maritime Finance Push

The Ministry of Ports, Shipping & Waterways (MoPSW) hosted the Maritime Financing Summit 2025 in New Delhi, bringing together over 250 stakeholders including policymakers, industry leaders, global investors, and financial institutions. The summit, held under the ambit of Maritime Amrit Kaal Vision (MAKV) 2047, focused on transforming India into a leading maritime power with strengthened financial, infrastructural, and technological capabilities.Union Minister Sarbananda Sonowal emphasised India's strategic progress, noting that average port turnaround times have dropped from four days to u..

Next Story
Infrastructure Urban

Govt Allocates Rs 500 Million To Boost Community Radio

The Central Government, through its ‘Supporting Community Radio Movement in India’ scheme, has allocated Rs 500 million to strengthen the community radio ecosystem across the country. The initiative aims to assist both newly established and long-operational Community Radio Stations (CRSs), ensuring their relevance to local educational, social, cultural, and developmental needs.According to the policy published by the Ministry of Information and Broadcasting, CRSs may be set up by not-for-profit organisations with at least three years of demonstrated community service. These stations are ex..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?