DCI and Cochin Shipyard joins hand to build country’s first indigenous dredger
- The Dredging Corporation of India (DCI) and Cochin Shipyard Limited (CSL) have inked an agreement to build the first indigenous dredger of the country.
- The agreement was signed on March 17, 2022, and the project is estimated to be completed within 34 months, at a cost of around Rs 920 crore.
- The technical know-how, basic designs, dredging system components of the Project shall be provided by Holland-based Royal IHC, the market leader for designing, building and servicing high added-value dredging vessels and dredging equipment.
- Currently DCI owns and operates around 17 vessels, each of which are completely manufactured in the Netherlands.
Points to remember:
- The Dredging Corporation of India (DCI) has inked an agreement which which company to build the first indigenous dredger of the country?
Source: Economic Times