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Sethusamudram project elicits response from foreign cos

Saturday, 18 Jun 2005
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A pre-tendering meeting held for the Sethusamudram Ship Canal project has elicited response from international dredging majors like Dredging International (Netherlands), Boskalis International, Ballast Ham Dredging and Jan De Nul of Belgium. Indian companies like Dredging Corporation of India and Jaisu Shipping have also evinced interest in the project.

The Rs.2,427 crore project involves dredging of 82 million m3 . L&T Ramboll Consulting Engineers has been appointed as consultants to the project.

The dredging involves four legs, of which one would be entrusted to Dredging Corporation of India on nomination basis. The contract for the remaining three legs would be awarded through an international competitive bidding process.

Also See:

Sethusamudram Project: UTI Bank to arrange finances (16-Jun-05)

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