ITD Cementation Secures Rs 1,082-Crore Marine Contract

ITD Cementation India Ltd. has bagged a marine contract worth approximately Rs 1,082 crore for constructing a third berth and additional works at the Dahej LNG terminal in Gujarat, according to an exchange filing on Wednesday.

The Dahej terminal is the largest single-location liquified-natural-gas storage and regasification terminal in the country. It also supplies LNG to customers who do not have gas pipeline connectivity by transporting LNG through cryogenic trucks.

Shares of ITD Cementation closed 4.31% higher at Rs 518.05 apiece on the BSE, compared to a 0.80% advance in the benchmark Sensex.