PM Unveils Rs 40 Billion Boost For Dredging Corporation
ECONOMY & POLICY

PM Unveils Rs 40 Billion Boost For Dredging Corporation

In a landmark announcement during the inauguration of India Maritime Week 2025, Prime Minister Narendra Modi unveiled major initiatives under the Maritime Amrit Kaal Vision, including a Rs 40 billion (Rs 4,000 crore) investment to modernise the Dredging Corporation of India (DCIL).

DCIL operates under a consortium of four major ports — Visakhapatnam Port Authority (VPA), Paradip Port Authority (PPA), Jawaharlal Nehru Port Authority (JNPA), and Deendayal Port Authority (DPA) — functioning under the aegis of the Ministry of Ports, Shipping and Waterways (MoPSW).

The modernisation plan aims to enhance DCIL’s dredging capacity, operational efficiency, and global competitiveness through the acquisition of advanced dredgers, technological upgrades, and the adoption of sustainable practices.

The Rs 40 billion investment will focus on four key areas:

Fleet modernisation and capacity expansion to strengthen India’s dredging infrastructure.

Construction of new dredgers in Indian shipyards under the ‘Make in India’ initiative. The Ministry has already approved the procurement of three new trailing suction hopper dredgers (TSHDs). DCIL placed the first order in March 2022 for a 12,000 cubic metre TSHD, DCI Dredge Godavari, which was launched on 18 October 2025 and is scheduled for delivery by July 2026.

Orders for a second 12,000 cubic metre TSHD and another dredger will be placed in the coming months.

DCIL also plans to acquire one Cutter Suction Dredger, one Water Injection Dredger, another lower-capacity TSHD for shallow draft dredging, and six Beaver Dredgers of varying capacities for operations across inland waterways and canals.

The initiative also includes:

Adoption of digital, automation, and green dredging technologies for sustainable operations.

Skill development and upskilling programmes for technical personnel to align with global standards.

This investment package — covering the procurement of 11 dredgers and associated infrastructure — is expected to position DCIL as a stronger player not only in maintenance dredging, where it already leads in India, but also in capital dredging and inland waterway development, both of which are national priorities under the government’s maritime modernisation drive.

In a landmark announcement during the inauguration of India Maritime Week 2025, Prime Minister Narendra Modi unveiled major initiatives under the Maritime Amrit Kaal Vision, including a Rs 40 billion (Rs 4,000 crore) investment to modernise the Dredging Corporation of India (DCIL). DCIL operates under a consortium of four major ports — Visakhapatnam Port Authority (VPA), Paradip Port Authority (PPA), Jawaharlal Nehru Port Authority (JNPA), and Deendayal Port Authority (DPA) — functioning under the aegis of the Ministry of Ports, Shipping and Waterways (MoPSW). The modernisation plan aims to enhance DCIL’s dredging capacity, operational efficiency, and global competitiveness through the acquisition of advanced dredgers, technological upgrades, and the adoption of sustainable practices. The Rs 40 billion investment will focus on four key areas: Fleet modernisation and capacity expansion to strengthen India’s dredging infrastructure. Construction of new dredgers in Indian shipyards under the ‘Make in India’ initiative. The Ministry has already approved the procurement of three new trailing suction hopper dredgers (TSHDs). DCIL placed the first order in March 2022 for a 12,000 cubic metre TSHD, DCI Dredge Godavari, which was launched on 18 October 2025 and is scheduled for delivery by July 2026. Orders for a second 12,000 cubic metre TSHD and another dredger will be placed in the coming months. DCIL also plans to acquire one Cutter Suction Dredger, one Water Injection Dredger, another lower-capacity TSHD for shallow draft dredging, and six Beaver Dredgers of varying capacities for operations across inland waterways and canals. The initiative also includes: Adoption of digital, automation, and green dredging technologies for sustainable operations. Skill development and upskilling programmes for technical personnel to align with global standards. This investment package — covering the procurement of 11 dredgers and associated infrastructure — is expected to position DCIL as a stronger player not only in maintenance dredging, where it already leads in India, but also in capital dredging and inland waterway development, both of which are national priorities under the government’s maritime modernisation drive.

Next Story
Infrastructure Energy

REC Approves Rs 75 billifor Brookfield’s Hybrid Energy Project

The Rural Electrification Corporation (REC) Ltd, a Maharatna non-banking finance company, has sanctioned Rs 75 billion for Brookfield’s 1,040 MW hybrid renewable energy project in Kurnool district — its largest-ever funding to a private-sector venture.Developed by Evren, a joint venture between Brookfield (51.49 per cent) and Axis Energy, the Rs 99.1 billion project integrates 640 MW of wind and 400 MW of solar power with battery storage. It is India’s first Firm and Dispatchable Renewable Energy (FDRE) project featuring state-level grid connectivity and a dedicated power purchase agreem..

Next Story
Infrastructure Transport

Oswal Energies, Deendayal Port Partner for Green Hydrogen Project

Oswal Energies and the Deendayal Port Authority (Kandla-Gandhidham) have signed a memorandum of understanding (MoU) to jointly develop green hydrogen, green methanol, green ammonia, and a 100 million litres per day (MLD) desalination plant under the National Green Energy Initiative.The Government of India has identified Deendayal Port as one of the strategic hubs for green energy infrastructure. The collaboration aims to strengthen the port’s role in advancing sustainable energy systems, supporting India’s net-zero and energy security goals.Under the MoU, Oswal Energies will lead the devel..

Next Story
Infrastructure Energy

NLC India Adds 106 MW Solar Capacity at Barsingsar Project

NLC India Ltd (NLCIL) has commissioned an additional 106 megawatt (MW) solar power capacity at its 300 MW Barsingsar Solar Power Project in Rajasthan. With this, the total commissioned capacity has reached 158.83 MW, following the earlier commissioning of 52.83 MW.The Rajasthan Renewable Energy Corporation Ltd (RRECL) issued the commissioning certificate confirming the milestone achievement, the Navratna company said.Implemented under the CPSU Scheme Phase-II of the Ministry of New and Renewable Energy (MNRE), the project is located on NLCIL’s own land in Barsingsar, Bikaner district. It use..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement