Mercator Limited bags two dredging contracts worth 16 crores

Mohan | Myequity news | Date: 26-07-2018 23:50:00 IST

Mercator Limited, one of the India's largest private sector dredging company has emerged as the lowest bidder in its bids for the following contracts having an estimated combined contract value of Rs 16 Crores. Both the contracts would be executed in FY 2019.

•   Mormugao Port Trust for maintenance dredging at Mormugao Port areas where the Company retains the contract for the straight fifth year in line.
•   Gujarat Maritime Board for maintenance dredging at Porbandar Port areas.

About Mercator Limited

Mercator Limited (earlier known as Mercator Lines Ltd) is Mumbai based International organisation. As a group, Mercator has diversified business interests in Coal, Oil & Gas, Commodity Transportation and Dredging.

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