July 26 (Reuters) - Mercator Ltd MRCT.NS :
* EMERGES AS LOWEST BIDDER FOR CONTRACTS WORTH 160 MILLION
RUPEES
Source text: [Mercator Limited has informed the Exchange
regarding 'Updates on Contracts - Lowest Bidder'.Mercator
Limited, one of India??s largest private sector dredging
company, is happy to announce that the Company has emerged as
the lowest bidder in its bids for the following contracts having
an estimated combined contract value of Rs. 16 Crores: Mormugao
Port Trust for maintenance dredging at Mormugao Port areas where
the Company retains the contract for the straight 5th year in
line. Gujarat Maritime Board for maintenance dredging at
Porbandar Port areasBoth of the above-mentioned contracts would
be executed in FY 2019.]
Further company coverage: MRCT.NS
((Reuters.Briefs@thomsonreuters.com;))