Mercator 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 of this job is around Rs 24.50 crore which is expected to be completed over the next 18 months.
The company’s dredging division has so far focused on maintenance dredging works and extending its expertise to Land Reclamation and Rock dredging and hence opening new avenues for future growth.
Mercator is one of India’s largest private sector Dredging Company. The group has a presence in varied segments namely shipping, offshore services, oil exploration and production, dredging, coal mining/trading and logistics.