Dredging Corporation of India Ltd Enters Into 20 MoUs Worth Rs.17000 Cr. With 14 Organisations
Dredging Corporation of India Ltd (DCIL) has entered into 20 Memorandum of Understandings (MoUs) with 14 organisations worth Rs.17000 Cr. during the India Maritime Week 2025 event held in Mumbai. The MoUs were signed with various ports, Cochin Shipyard, NMDC, Abu Dhabi, Bharat Earth Movers Limited (BEML), IHC, National Technology Centre for Ports, Waterways & Coasts (NTCPWC), and IOCL. These MoUs are aimed at catering to the dredging requirement for the next 2-5 years, construction and repair of dredgers, formation of JV for increasing operational-efficiency, indigenisation spares, modernisation of existing dredgers, conducting Bathymetry Survey of all Ports, developing a Training Module relating for dredging, and ensuring continuous unhindered supply of fuel and lubs to DCI vessel.
Key Highlights
- DCIL has entered into 20 MoUs with 14 organisations worth Rs.17000 Cr.
- MoUs were signed during the India Maritime Week 2025 event held in Mumbai.
- MoUs were signed with various ports, Cochin Shipyard, NMDC, Abu Dhabi, BEML, IHC, NTCPWC, and IOCL.
- MoUs are aimed at catering to the dredging requirement for the next 2-5 years, construction and repair of dredgers, formation of JV for increasing operational-efficiency, indigenisation spares, modernisation of existing dredgers, conducting Bathymetry Survey of all Ports, developing a Training Module relating for dredging, and ensuring continuous unhindered supply of fuel and lubs to DCI vessel.
- These MoUs are a part of the Government’s long-term vision to achieve the goals of Maritime India Vision 2030 and Atmanirbhar Bharat 2047.