Mumbai Port Trust scraps contract with Dredging Corp.

The board of trustees of Mumbai Port Trust has scrapped a three-year contract signed with Dredging Corporation of India Ltd. (DCI) last September for maintaining the port’s channel and adjacent areas.

The board of trustees also decided to debar DCI from participating in a fresh tender issued by Mumbai Port Trust to hire a new dredging contractor to take up the balance work on maintaining the port’s channel till 2020, according to two persons briefed on the decision.

The new contract will be at the risk and cost of DCI.

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