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Dredging Corporation of India Limited (DCI) has secured an annual maintenance dredging contract from the Cochin Port Authority.
The contract, valued at Rs 156.50 Crores (approx. $19 million), is for the 2024-25 period, with a provision to extend for another one year.
According to DCI, the contract encompasses dredging of the Cochin Port’s outer channel, approach channel, ICTT Basin, LNG Basin Channels (Ernakulam Channel & Mattancherry Channel), and other areas of Cochin Port.
This operation is vital for the port’s functionality, facilitating smooth and efficient maritime trade activities, said DCI.