Dredging Corporation of India signs historic agreement with IWAI
Dredging Corporation of India (DCI) signed a historic agreement with Inland Waterways Authority of India (IWAI) today.
The deal was inked with the Government of India’s Ministry of Ports, Shipping and Waterways for ‘the Work of Development & Maintenance of Fairway’, with an estimated cost of Rs 204.5 Cr ($24.9 million) for a period of three years.
Under the contract, DCI will undertake the dredging work on the following stretches:
- Dhansiri River (NW-31): Numaligarh jetty to Dhansiri Confluence (35 km),
- Barak River (NW-16):Bhanga to Badarpur (10.5 km),
- Kopili River (NW-57): Confluence at Brahmaputra to Kalongpar Bazar (10 km),
- Brahmaputra River (NW-2): Ro-Pax Routes along river Brahmaputra (NW-2), including:
(a) Dhubri – Hatsingimari/Fakirganj, (30 Km),
(b) Guwahati – North Guwahati and (5 Km),
(c) Neamati – Majuli (Kamalabari / Aphala) (30 km).
According to DCI, today’s signing is another step towards expansion and diversification of the company’s business into the inland waterways – a new business vertical in addition to the existing maintenance dredging operations, capital dredging, land reclamation, beach nourishment, project management consultancy etc.
Captain S Divakar, MD & CEO, A/C, of Dredging Corporation of India Limited, has signed the deal on behalf of the company and Ashutosh Gautam, the Inland Waterways Authority (IWAI) official, put his signature on behalf of the Government.