+
Dredging Corporation signs agreement for waterways work in NE region
PORTS & SHIPPING

Dredging Corporation signs agreement for waterways work in NE region

Dredging Corporation of India (DCI) has signed an agreement with the Inland Waterways Authority of India (IWAI) for the development and maintenance of a fairway on national waterways in the North Eastern region estimated to cost Rs 204.50 crore, the company said.

The scope of work includes the development and maintenance of a fairway width of 32 metres and depth of 2-2.5 metres for 3 years on national waterways in the North Eastern region by undertaking dredging, channel marking, and river training to ensure safe navigation of vessels, Dredging Corporation of India said.

The agreement was signed on Thursday by Captain S Divakar, Managing Director and Chief Executive Officer (additional charge), Dredging Corporation of India and Ashutosh Gautam, Member Technical, Inland Waterways Authority of India. The agreement marks the Dredging Corporation of India’s entry into the inland waterways sector.

The Visakhapatnam-based firm currently undertakes maintenance dredging, capital dredging, land reclamation, beach nourishment and project management consultancy for major ports, non-major ports, Indian Navy, fishing harbours and other maritime organizations.

Also Read
Panchakula administration plans to improve Morni's infrastructure
Govt plans to resist Hindustan Zinc's proposal to buy Vedanta assets

Dredging Corporation of India (DCI) has signed an agreement with the Inland Waterways Authority of India (IWAI) for the development and maintenance of a fairway on national waterways in the North Eastern region estimated to cost Rs 204.50 crore, the company said. The scope of work includes the development and maintenance of a fairway width of 32 metres and depth of 2-2.5 metres for 3 years on national waterways in the North Eastern region by undertaking dredging, channel marking, and river training to ensure safe navigation of vessels, Dredging Corporation of India said. The agreement was signed on Thursday by Captain S Divakar, Managing Director and Chief Executive Officer (additional charge), Dredging Corporation of India and Ashutosh Gautam, Member Technical, Inland Waterways Authority of India. The agreement marks the Dredging Corporation of India’s entry into the inland waterways sector. The Visakhapatnam-based firm currently undertakes maintenance dredging, capital dredging, land reclamation, beach nourishment and project management consultancy for major ports, non-major ports, Indian Navy, fishing harbours and other maritime organizations. Also Read Panchakula administration plans to improve Morni's infrastructure Govt plans to resist Hindustan Zinc's proposal to buy Vedanta assets

Next Story
Real Estate

Heena Lalwani Buys Rs 1.13 Billion Juhu Apartment

Heena Lalwani, promoter of Aatman Innovations Private Limited, has purchased a luxury apartment worth Rs 1.13 billion in Mumbai’s upscale Juhu locality, according to property registration documents accessed by Zapkey.com.The 9,862 sq ft apartment, located on the 10th floor of Lodha Developers’ Avalon Tower, was acquired at Rs 115,000 per sq ft and comes with five car parking spaces. The deal, registered on 18 August 2025, also included the payment of Rs 68 million in stamp duty and a Rs 30,000 registration fee.Lodha Developers did not respond to queries regarding the transaction, while the..

Next Story
Real Estate

Godrej Buys KPHB Land for Rs 7 Billion in E-Auction

An acre of prime land in Kukatpally Housing Board (KPHB), Hyderabad, was auctioned for Rs 7 billion, with the Telangana Housing Board generating Rs 5.47 billion from the sale of 7.8 acres through e-auction on 20 August 2025.The auction notification was issued last month, attracting bids from Godrej Properties, Aurobindo Realty, Prestige Estates, and Ashoka Builders, according to Board vice-chairman V.P. Gautham. With an offset price of Rs 4 billion per acre, the three-hour auction saw 46 bid increases, before Godrej Properties acquired the land.Revenue generated from the auction will be utilis..

Next Story
Real Estate

HMDA to Auction 93 Prime Plots in September

The Hyderabad Metropolitan Development Authority (HMDA) is preparing to conduct a three-day auction of prime open plots across Hyderabad, Rangareddy, and Medchal-Malkajgiri districts this September.According to official reports, the e-auction will take place on 17, 18, and 19 September, offering 93 plots. Of these, 70 are located in the Bachupally HMDA layout, with the remainder spread across Turkayamjal, Kokapet, Poppalguda, Chandanagar, Bairagiguda, Gandi Maisamma, Suraram, Medipally, and Bachupally village.The highest upset price has been fixed at Rs 175,000 per square yard for a land parce..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?