Mercator Bags 15.8-cr Maintenance Dredging Contract from Mormugao Port Trust

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Posted September 12, 2017

Mercator has bagged a 15.8-crore maintenance dredging contract from Mormugao Port Trust (Goa). In a notification to the stock exchanges, the company said the order has to be executed in FY18. Similarly, last week it had won a 38.88-crore maintenance dredging contract with Director General Naval Project, Visakhapatnam. That work also has to be completed in FY18.

Source: The Hindu