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
Infrastructure Energy

KEC Secures Rs 10, 380 Mn Substation Order in Saudi Arabia

KEC International Ltd., a global infrastructure EPC major, and an RPG Group company, has secured a new order worth Rs 10,380 million for the Design, Supply and Installation of a 380 kV GIS Substation in Saudi Arabia.Vimal Kejriwal, MD & CEO, KEC International Ltd., commented, “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our year-to-date or..

Next Story
Infrastructure Urban

Central Bank of India executes first fully digital SCF deal on PSB Xchange

In a major advancement for India’s banking sector, Central Bank of India (CBI) has successfully completed the country’s first fully digital supply chain finance (SCF) transaction on PSB Xchange—a unified multi-lender platform launched by PSB Alliance. PSB Xchange is designed to connect public and private sector banks, NBFCs, and fintechs with corporates and their channel partners to facilitate supply chain finance and small business loans. The transaction marks the first time a fintech-originated corporate lead has been seamlessly processed through the PSB Xchange ecosystem. The lead fl..

Next Story
Infrastructure Energy

Atlanta Electricals secures Rs 1,835 Mn transformer order from BNC Power

Atlanta Electricals Limited (“Atlanta”) has secured an order worth Rs 1,835 million from BNC Power Projects Ltd for the supply of extra high voltage (EHV) transformers and a bus reactor for its Pugal site. The contract includes a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers along with a 400 KV bus reactor. The project scope encompasses design, manufacturing, testing, and supply to the project site. Deliveries will be sequenced following engineering and drawing approvals, offering multi-quarter execution visibility and ensuring a steady production run-rate. The order will be ex..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?