Vizag-Based DCIL Signs MoUs Worth Rs 176.45 Billion

06 Nov 2025 CW Team

The Dredging Corporation of India Ltd (DCIL), headquartered in Visakhapatnam, recently signed 22 memoranda of understanding (MoUs) worth approximately Rs 176.45 billion with 16 key organisations during the India Maritime Week 2025.

The agreements were concluded with major ports such as the Visakhapatnam Port Authority, Paradip Port Authority, Jawaharlal Nehru Port Authority, Deendayal Port Authority, the Shyama Prasad Mookerjee Port Authority (formerly Kolkata dock system), the Cochin Shipyard Limited, Chennai and Mumbai ports. Key strategic collaborations include: • A pact with Cochin Shipyard for construction and repair of dredgers under the ‘Atmanirbhar Bharat’ initiative. • A joint venture with NMDC Abu Dhabi to partner foreign majors and enhance global competitiveness. • An agreement with Bharat Earth Movers Limited (BEML) to manufacture inland dredgers and localise critical components. • A tie-up with IHC India for modernising dredger fleet capacity. • Collaboration with the National Technology Centre for Ports, Waterways & Coasts (under Indian Institute of Technology Madras) to undertake bathymetry surveys and develop training modules for the dredging workforce. • An MoU with Indian Oil Corporation Limited (IOCL) to ensure consistent fuel and lubricant supply to DCIL’s fleet. DCIL’s current operational fleet includes ten trailer-suction hopper dredgers (TSHDs) with a combined hopper capacity of about 60,000 cubic metres. The corporation handles approximately 50–60 million cubic metres of dredging annually, representing nearly 55 per cent of India’s total dredging requirement.

Infrastructure Transport

09 Jan 2026

India Becomes First to Produce Bio-Bitumen for Roads

India has become the first country in the world to commercially produce bio-bitumen for use in road construction, according to Road, Transport and Highways Minister Nitin Gadkari. Bitumen, a black and viscous hydrocarbon derived from crude oil, is a key binding material in road building, and the bio-based alternative is expected to significantly improve the sector’s environmental footprint.Addressing the CSIR Technology Transfer Ceremony in New Delhi, Mr Gadkari congratulated Council of Scientific and Industrial Research on achieving the milestone, noting that the initiative would help curb ..

HILT Policy Seen Boosting Telangana Revenue Sharply

The Hyderabad Industrial Land Transformation (HILT) Policy is expected to generate around Rs 1.08 billion in revenue for the Telangana state exchequer, according to Deputy Chief Minister Bhatti Vikramarka Mallu. Speaking in the Telangana Legislative Assembly, he said the policy would be implemented within a six-month timeframe in a transparent manner, with uniform rules applicable to all stakeholders. Mr Vikramarka noted that without the HILT Policy, the state would have earned only about Rs 1.2 million per acre. Under the new framework, however, revenue is projected to rise sharply to Rs 70 ..

India Post, MoRD Tie Up to Boost Rural Inclusion

The Department of Posts and the Ministry of Rural Development have signed a Memorandum of Understanding to accelerate rural transformation and expand financial, digital and logistics services for Self-Help Groups (SHGs) and rural households across India. The agreement was signed in the presence of Union Minister of Communications and Development of North Eastern Region Jyotiraditya M. Scindia and Union Minister of Rural Development and Agriculture and Farmers’ Welfare Shivraj Singh Chouhan. The collaboration aligns with the government’s “Dak Sewa, Jan Sewa” vision and seeks to repositi..