The delivery schedule for this procurement will be of 29 months and 35 months ex-yard for the first and second dredger respectively and the order for the 3rd Dredger at DCI's option with Euro 71,910,000 (Seventy one million nine hundred ten thousand euro) with a delivery period of 41 months ex-yard. The total indicative cost for the project in Indian rupees is Rs.1570.21 crore.

It may be mentioned here that the Dredging Corporation of India Limited is a premier national dredging company in India and is a Category-I Mini Ratna Enterprise. The Company caters to the dredging requirement of all the major ports in India, Navy, non-major ports all over India etc. The Company has also undertaken some of the prestigious dredging projects overseas. The company presently has ten Trailer Suction Hopper Dredgers and two Cutter Suction Hopper Dredgers.

The proposed procurement will sustain the existing total capacity of the company as the same would replace some of the existing old dredgers which are more than 30 years old and also augment the available capacity to meet the increased dredging requirements.