Mercator Ltd has informed BSE that the Company has secured 2 new orders from Paradip Port Trust for Maintenance Dredging of the Approach and Extended Approach Channel to be executed over a period of 3 years aggregating to Rs. 210 cr approx, reports moneycontrol.com.
Mercator group has diversified business interests in coal, oil & gas, commodity transportation and dredging.
Mercator serves the huge infrastructure needs of the Indian ports with its five trailing suction hopper dredgers and one cutter suction dredger. Mercator undertakes maintenance and capital dredging projects and helps maintain the drafts of the shipping channels at ports.
Dredging Today Staff, January 28, 2013