Dredging Corporation Secures Fuel Future
Dredging Corporation of India has entered a fuel supply agreement worth Rs 2,157.07 crore with Indian Oil Corporation for five years, ensuring a steady supply for its operations. The company plans to more than double its topline to Rs 3,000 crore within five years.
- Country:
- India
The Dredging Corporation of India cemented its operational future by signing a substantial fuel supply agreement with Indian Oil Corporation, valued at Rs 2,157.07 crore.
This five-year deal assures a consistent and reliable fuel supply crucial for the company's nationwide operations, according to a statement released by the corporation.
With five decades of expertise, the Visakhapatnam-based company aims to more than double its revenue to Rs 3,000 crore in the next five years as it strengthens its foothold in maritime infrastructure and inland waterways.
(With inputs from agencies.)
ALSO READ
Andhra Pradesh's Big Leap: Rs 2,500-Crore Investment for Cathode Material Facility
RBI's Bold Move: A Rs 2 Lakh Crore Liquidity Extraction
TVK chief Vijay assures Rs 25 lakh health insurance for family, modern hospitals, annual free health checkup, and drugs-free Tamil Nadu.
Wipro Q4 net profit falls 1.8 per cent to Rs 3,501.8 crore; revenue rises 7.6 per cent to Rs 24,236.3 crore: Company filing.
TN polls: TVK chief Vijay releases manifesto, assures Rs 2,500 per month for women less than 60 years.
Google News