Dredging Corporation of India Ltd (DCI) has signed an agreement with the Inland Waterways Authority of India (IWAI) for development and maintenance of fairway on national waterways in the North Eastern region estimated to cost Rs204.50 crore, the company said.
The scope of work includes development and maintenance of 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 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.
