Dredging Corporation signs agreement with Inland Waterways Authority for waterway works in NE region

The Dredging Corporation of India Ltd (DCI) has signed an agreement with the Inland Waterways Authority of India (IWAI) for the development and maintenance of fairways on national waterways in the north-eastern region, which is estimated to cost Rs 204.50 crore, it said the company.

The scope of work includes the development and maintenance of a fairway width of 32 meters and a depth of 2 to 2.5 meters for 3 years on national waterways in the Northeast region through dredging, channel marking and river training to ensure safe navigation of vessels, Dredging said the Corporation of India.

The agreement was signed on Thursday by Captain S. Divakar, Managing Director and Chief Executive Officer (additional fee), 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 waterway sector.

Based in Visakhapatnam, the company currently performs maintenance dredging, capital dredging, land reclamation, beach reclamation and project management consultancy for major ports, smaller ports, Indian Navy, fishing ports and other maritime organizations.