Dredging Corporation inks agreement with IWAI

03 Feb 2023 Evaluate

Dredging Corporation of India has inked Historic Agreement with Inland waterways Authority of India (IWAI) under the Ministry of Ports, Shipping and Waterways, Government of India for the work of ‘Development & Maintenance of fairway width of 32 m and depth of 2 m / 2.5 m for 5 years in various National Waterways in North Eastern Region by undertaking required dredging, bandalling, channel marking, river training etc. to ensure safe navigation of vessels’. The estimated cost of the awarded work is about Rs 204.5 crore initially for a period of 3 years.

Dredging Corporation of India is engaged in providing the services of capital dredging, maintenance dredging, beach nourishment, land reclamation, shallow water dredging, project management consultancy, marine construction.

Dredging Corp Share Price

842.40 -15.55 (-1.81%)
23-Dec-2024 16:59 View Price Chart
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Company Name CMP
Shipping Corpn. 209.00
GE Shipping 951.00
Dredging Corp 842.40
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