Vizag-Based DCIL Signs MoUs Worth Rs 176.45 Billion
PORTS & SHIPPING

Vizag-Based DCIL Signs MoUs Worth Rs 176.45 Billion

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.

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.

Next Story
Infrastructure Energy

Delhi HC Stays PGCIL Order against KEC International

KEC International has informed stock exchanges of a significant legal development concerning its eligibility to participate in tenders floated by Power Grid Corporation of India (PGCIL), in a disclosure made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations.The update follows the company’s earlier intimation dated November 18, 2025, regarding an order issued by PGCIL that excluded KEC International from participating in its tenders for a period of nine months. Challenging the said order, the company filed a writ petition before the Hon’ble High C..

Next Story
Building Material

LANXESS Advances Pigment Solutions for New-Age Concrete Technologies

LANXESS is deepening its engagement with next-generation concrete technologies by advancing research into the performance of iron oxide pigments across emerging construction applications, including self-compacting concrete (SCC), geopolymers and 3D-printed concrete. Through extensive investigations and long-term weathering tests, iron oxide pigments have proven their suitability for a wide range of concrete construction materials, though their use in new formulations requires a thorough understanding of construction chemistry and material interactions.According to Oliver Fleschentraeger, Techn..

Next Story
Infrastructure Urban

JHS Svendgaard to Invest Rs 250 Million in Kala Amb Expansion

JHS Svendgaard Laboratories (JHS), a leading Indian manufacturer of oral care products, has announced an investment of Rs 250 million to expand its manufacturing footprint in Kala Amb, Himachal Pradesh. The investment is aimed at strengthening production capacity, introducing advanced technologies and supporting the company’s next phase of growth in response to rising domestic and global demand.As part of the expansion plan, JHS will construct a new 100,000 sq ft manufacturing facility on its existing five-acre land parcel at Kala Amb. The project is expected to be executed over a two-year p..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App