DCIL bags maintenance dredging contract worth Rs 250 cr

22 Jun 2022 CW Team

The Jawaharlal Nehru Port Authority (JNPA) has awarded a yearly maintenance dredging contract worth Rs 250 crore to the Dredging Corporation of India Limited (DCIL).

According to a statement, JNPA awarded the maintenance of Mumbai and JNPA navigational channel to DCIL, including dredging of 20 million cu m plus or minus 20% yearly with the project cost of about Rs 250 crore per annum.

DCIL is a leading dredging organisation in India, providing dredging and allied services to major ports, minor ports, the Indian Navy, fishing harbours and other maritime organisations by deepening and maintaining the safety navigational channel for Export-Import (EXIM) activities.

DCIL is a listed dredging organisation in India under the consortium of four key port authorities, including Visakhapatnam Port, Paradip Port, Jawaharlal Nehru Port and Deendayal Port. It owns a majority shares of 73.47%.

The company told the media that the Ministry of Ports Shipping and Waterways had announced dredging guidelines in 2021 and emphasised major ports to award dredging contracts on a long-term basis.

It said that a long-term contract of three years had been awarded by JNPA. It will be an assured revenue to DCIL's top line amounting to Rs 250 crore per annum.

The company said that DCI is aiming at a record highest-ever turnover of Rs 1,000 crore for FY22-23.

Image Source

Also read: JNPA seeks to dismiss Adani Ports plea against tender disqualification

Infrastructure Urban

15 Sep 2025

Adani Road to Acquire D P Jain TOT Toll Roads for Rs 13.42B

Adani Road Transport Limited (ARTL), a wholly owned subsidiary of Adani Enterprises, has executed a Share Purchase Agreement (SPA) on 11 September 2025 to acquire a 100 per cent stake in D P Jain TOT Toll Roads Private Limited (DPJTOT). The acquisition, valued at an enterprise value not exceeding Rs 13.42 billion, is subject to regulatory approvals and customary conditions.Under the agreement, ARTL will acquire the stake from D P Jain TOT Toll Roads Pvt. Ltd (DPJTOT), D P Jain & Co Infrastructure Pvt. Ltd., and DPJ-DRA Tollways Pvt. Ltd.The transaction details have been disclosed pursuant ..

All-Women Team Commissions 100-Tonne Dump Truck at Tata Steel

In a record-setting development in India’s mining and construction equipment sector, an all-women team from Larsen & Toubro’s Construction & Mining Machinery business (L&T CMB) has commissioned a 100-tonne dump truck at Tata Steel’s Noamundi iron ore mine in Jharkhand.This marks the first instance in India where a machine of such scale and complexity has been assembled, tested and commissioned entirely by women technicians. The milestone reflects L&T’s commitment to fostering gender inclusivity and empowering women in traditionally male-dominated industries.The Komatsu ..

Kochi Metro Pauses Work for Rs 50 Million Pipeline Shift

Kochi Metro Rail Limited (KMRL) will pause its piling works in the Padamugal and Vazhakkala regions for ten days to allow the Kerala Water Authority (KWA) to complete its pipeline relocation work.The decision follows frequent pipe bursts in the area and disruptions to water supply in Thrikkakara municipality.During this period, the KWA will carry out pipeline relocation from Kunnumpuram to Kumaranasan Road. KMRL will resume piling work only after the pipeline has been relocated and tested.The decision was made during a meeting between KMRL and KWA to address the recurring pipe burst issues in ..