DCIL Secures Rs 20.15 Bn Contract from SMPA

18 Jun 2024 CW Team

Dredging Corporation of India Limited (DCIL) has secured a significant contract worth Rs 20.15 billion from Syama Prasad Mookerjee Port Authority (SMPA) for the development of port infrastructure. The contract, spanning a period of five years, involves extensive dredging and infrastructure enhancement activities at the port.

Under the terms of the contract, DCIL will undertake crucial dredging operations to deepen and maintain navigational channels, ensuring smooth passage for vessels entering and exiting the port. Additionally, infrastructure upgrades will be implemented to enhance the port's operational efficiency and capacity.

The awarding of this mega contract underscores DCIL's expertise in maritime infrastructure development and its role in supporting India's port modernization initiatives. By collaborating with SMPA, DCIL aims to contribute to the enhancement of maritime trade and logistics capabilities, facilitating smoother cargo handling and increasing port efficiency.

The project aligns with India's strategic focus on boosting coastal shipping and port connectivity as part of the Sagarmala initiative. It is expected to bolster economic growth by improving maritime infrastructure and supporting industries reliant on efficient port operations.

DCIL, a premier dredging company under the Ministry of Shipping, Government of India, is committed to executing the SMPA contract with adherence to international standards of safety, quality, and environmental sustainability. The collaboration marks a significant step towards strengthening India's maritime infrastructure and reinforcing DCIL's position as a leader in dredging and maritime services.

Real Estate

26 Jun 2026

AGM Vijaylaxmi launches Sixty3 W.E. Bizpark

AGM Vijaylaxmi Group has launched Sixty3 W.E. Bizpark, a mixed-use commercial development in Goregaon East, Mumbai. The project includes contemporary office spaces and a high-street retail component designed to support businesses, retailers and professionals.Located along the Western Express Highway, Sixty3 W.E. Bizpark is planned as a G+25-storey commercial tower. It offers office spaces ranging from 545 sq ft to 3,200 sq ft, with a 3.60 metre floor-to-floor height aimed at improving spatial comfort, natural light and operational efficiency.The project features a high-street retail boulevard ..

Manglam Group to Develop Sheraton Hotel in Jaipur

Manglam Group has signed an agreement with Marriott International to develop a Sheraton hotel on the Jaipur–Ajmer Highway in Jaipur. The project will feature 220 keys and is being developed with an investment of around Rs 3.5 billion across more than 300,000 sq ft.The hotel marks Manglam Group’s third collaboration with Marriott International and forms part of its Rs 10 billion hospitality investment roadmap. The agreement was signed by Amrita Gupta, Director, Manglam Group and CEO, Manglam Spa and Resorts, and Rajeev Menon, President, Asia Pacific excluding Greater China, Marriott Interna..

India Warehousing Show 2026 opens at YashoBhoomi

India's warehousing, logistics, and supply chain ecosystem came together as the 15th edition of India Warehousing Show (IWS) 2026 opened at YashoBhoomi, India International Convention & Expo Centre (IICC), Dwarka, New Delhi on June 25 (Thursday). Organised by RX India, the three-day event will run from 25-27 June 2026, bringing together policymakers, industry leaders, technology providers, and supply chain professionals under one roof. It also features a two-day knowledge conference that will run alongside the exhibition. Inaugurated by Pankaj Kumar, Joint Secretary - Logistics, DPIIT..