ITD Cementation India bags Rs. 2168 Crore large order.

ITD Cementation India bags Rs. 2168 Crore large order.

ITD Cementation has bagged an order worth Rs 2168 crore for dredging and reclamation work at JNPT, Navi Mumbai, where the container terminal 4 is planned to come up.

The company has bagged this order from Bharat Mumbai Container Terminals. The work is of  dredging and reclamation as a part of the development of fourth container terminal – phase-I at JN Port.

A wholly-owned subsidiary of PSA Bharat Investments, BMCT – Bharat Mumbai Container Terminals (BMCT),  is to design, build, operate, finance and transfer fourth container terminal of Jawaharlal Nehru Port Trust (JNPT) for a period of 30 years.

Phase-I of BMCT is expected to be ready for its operations by early 2018.

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