New Dredging Corp chairman takes charge

K Rama Mohana Rao has taken charge as Director & Chairman of Dredging Corp. of India Ltd (DCIL). This is in addition to his present post of Chairman, Visakhapatnam Port Trust. 

A 1994 batch officer of the Indian Administrative Service (IAS) of Uttar Pradesh Cadre, Rao has previously served in various posts in the state government. He was previously posted as Commissioner, Mirzapur in Uttar Pradesh His expertise includes administration and the ports & shipping sector.

DCIL also held its 44th annual general meeting on Tuesday wherein the members approved the financial results for the year 2019-20.

The company has been performing the dredging at Visakhapatnam Port for the past 30 years. The company also caters to the maintenance dredging requirements of other major ports and the Indian Navy. It also undertakes capital dredging assignments on the availability of the vessels and other logistic requirements. The works were executed either under the existing contracts or renewal of the contracts entered into with the ports etc., during the previous years or under new contracts entered into during the current financial year.