National Marine Dredging Company Wins Gujarat LNG Deal
- Business & Finance
National Marine Dredging Company (NMDC) from Abu Dhabi has signed a $316 million contract for the engineering, procurement and construction of new LNG terminal in Gujarat, India.
This capital development program will include massive dredging and marine infrastructure works.
NMDC’s role in the Gujarat LNG scheme will also involve land reclamation activities, construction of breakwaters, jetties and associated facilities.
This project award marks a new milestone for NMDC in its strategic expansion plans to expand its operational footprint into Asia.
Mobilization of the equipment to the working site will start in the post-monsoon 2016 period.