Adani Ports and Special Economic Zone Ltd (APSEZ) has won a dredging contract valued at Rs 310 crore ($42.7 million) from Centre-run Deendayal Port Trust in Kandla, Gujarat.
According to The Hindu Business Line, India’s biggest private port operator and private dredging contractor had emerged the lowest bidder on a tender floated by Deendayal Port Trust for the three-year dredging deal.
Ports located on India’s western coast such as Deendayal are prone to silting and needs annual maintenance dredging to help in smooth movement of ships.
The tender was issued in July last year to finalize a new three-year dredging contract – mostly for maintaining the port’s channel at the prevailing water depth.
The previous three-year dredging work was carried out by Van Oord India Pvt Ltd, the Indian unit of Dutch dredging firm Van Oord Dredging and Marine Contracting Company.