Dredging Corporation of India announces Rs 1,000 crore contract for Paradip Port

Kinjal — Tue, 12 May 2026 11:38:00 +0000

Dredging Corporation of India (DCI) has secured a significant contract valued at ₹1,000 crore for dredging operations at Paradip Port. The contract, which is set to commence in the upcoming fiscal year, marks a major achievement for the company in enhancing its order book.

The contract involves maintenance dredging at the port, which is one of the busiest ports in India, handling a substantial volume of cargo annually. The project aims to ensure the navigational channels are maintained to accommodate the increasing maritime traffic.

DCI’s successful bid for this contract underscores its expertise and capability in executing large-scale dredging projects, reinforcing its position as a leading player in the industry. The company has been focusing on expanding its footprint in both domestic and international markets.

This contract win is expected to contribute significantly to DCI’s revenue in the coming years, aligning with its strategic goals of enhancing operational efficiency and financial performance. The company continues to explore new opportunities to further strengthen its market presence.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Paradip Port | Business Upturn

Dredging Corporation of India announces Rs 1,000 crore contract for Paradip Port