Mercator Limited Bags Mumbai Reclamation Contract
Deepthi | Myequity news | Date : 05-10-2018 9:35:00 IST
Mercator Limited is extending its expertise to Land Reclamation and Rock dredging as it has emerged as the lowest bidder in its bid for reclamation works of South-West cove at jawahar Dweep vide tender floated by Mumbai Port Trust. The contract value is around INR 24.50 crores which is expected to be completed over the next 18 months.
About Mercator Limited:
Mercator Limited is an Indian company. It was earlier known as Mercator Lines Ltd. The Mercator group of companies has diversified business interests in Coal, Oil & Gas, Commodity Transportation, and Dredging. Mercator Limited (formerly Mercator Lines Ltd.) is the parent company and is the second largest private sector shipping company in India, and it is based in Mumbai. It has recently forayed into the Offshore business with its subsidiaries Mercator Oil and Gas Ltd and Mercator Offshore Ltd.