DCIL signs Rs.204-crore agreement with IWAI for developing fairway
DCIL and IWAI officials exchanging documents in New Delhi after signing the agreement
Visakhapatnam In a significant development, Dredging Corporation of India Limited (DCIL) has signed an agreement with Inland Waterways Authority of India (IWAI) under the Ministry of Ports, Shipping and Waterways for development and maintenance of fairway at an estimated cost of Rs.204.5 crore for a period of three years.
The project is awarded initially for a period of three years. The agreement signing is yet another step towards expansion and diversification of DCIL into inland waterways, a new business vertical in addition to the existing maintenance dredging, Capital dredging, land reclamation, beach nourishment and project management consultancy.
DCIL is aiming at achieving the highest-ever turnover of Rs.1,000 crore for this financial year 2022-23. The progress in this direction so far is quite encouraging.
DCIL is a Visakhapatnam-headquartered listed and premier dredging organisation of India catering to the dredging and allied services of major ports, minor ports, Indian Navy, fishing harbours and other maritime organisations by deepening and maintaining the safe navigational channel for EXIM activities.
Capt. S. Divakar, Managing Director and CEO (additional charge) of DCIL signed the agreement on Thursday with Ashutosh Gautam, Member, Technical of IWAI in Delhi.
A DCIL spokesman said the agreement was signed for the award of work for "development and maintenance of fairway width of 32 m and depth of 2 m /2.5 m for five years in various National Waterways in North Eastern Region by undertaking required dredging, bandalling, channel marking and river training to ensure safe navigation of vessels" to DCIL, Visakhapatnam. As per the work awarded, DCIL is going to undertake the following stretches: Dhansiri River (NW-31) from Numaligarh jetty to Dhansiri Confluence (35 km), Barak River (NW-16) from Bhanga to Badarpur (10.5 km), Kopili River (NW-57) from confluence at Brahmaputra to Kalongpar Bazar (10 km) and Brahmaputra River (NW-2) from Ro-Pax Routes along river Brahmaputra (NW-2) and adjacent area including Dhubri to Hatsingimari/Fakirganj (30 km), Guwahati-North Guwahati (5 km) and Neamati-Majuli (Kamalabari/ Aphala) (30 km).
