DCI signs ₹2,157 Cr 5-year fuel supply MoU with IOCL

Dredging Corporation of India Ltd (DCI) has signed a Memorandum of Understanding (MoU) with Indian Oil Corporation Limited (IOCL) for a five-year fuel supply agreement. Valued at ₹2,157.07 crores, this strategic partnership ensures a steady and reliable fuel supply for DCI's dredging fleet across the country. The agreement strengthens DCI's operational preparedness and guarantees continuity in critical maritime infrastructure services, especially amidst ongoing energy sector disruptions. This collaboration reinforces the long-standing association between DCI and IOCL, highlighting their shared commitment to operational excellence and supporting India's maritime infrastructure development. By securing long-term fuel supply, DCI enhances its capability to deliver uninterrupted dredging services for major ports and national projects, demonstrating the crucial role of public sector enterprises in maintaining economic stability.