India: DCI to Expand Its Dredging Fleet
- Business & Finance
The 38th Formation Day of Dredging Corporation of India Limited (DCI) was celebrated on Saturday night at Port Kalavani Auditorium.
Capt. D. K.Mohanty, CMD, DCI cut the cake and addressed the employees, families and stake holders.
In his speech he highlighted various progresses made by the Corporation both in achieving a turnover of Rs. 730 crores during the year 2013-14 and acquiring 3 trailer suction hoper dredgers (TSHD). He congratulated the Master, Chief Engineer and crew members of Dredge XXI for successfully completing the beach nourishment project within a record time and creating an island in front of Varun Beach.
He further informed the members that efforts are on to sign a MoU with Paradip Port Trust for procurement of a higher capacity TSHD with a long term dredging contract from the Paradip Port Trust and stressed that DCI’s effort for expansion of it’s capacity will continue.
On this occasion Shri. S. Balachandran, independent director of the Corporation, released the 5th issue of “DCI Darpan” the In-house magazine.
Press Release, March 31, 2014