DREDGING CORPORATION OF INDIA signs pact with CCL

Under Atmanirbhar Bharat initiative, an agreement was signed between Dredging Corporation of India (DCI) and Cochin Shipyard Ltd (CSL) to build the largest dredger in partnership with IHC Holland. The CMD, CSL and MD, DCI inked the deal. The culmination of the contract is to bring in best global technology to India. The mammoth vessel measuring 127 meter X 28 meter will be customised to meet all Indian requirements. The cost of the project is around 950 crore and is visualised to impart capability enhancement of the DCI.